The Hindu Editorial (GST shortfall) – Jan 03, 2019

Revenue collections from the Goods and Services Tax (GST) are going too far off the mark for comfort. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (GST shortfall) – Jan 03, 2019.

To read this article, click here.

This preview is provided here with permission.

Courtesy: The Hindu

Today’s word list-1 The Hindu Editorial (GST shortfall) – Jan 03, 2019:

shortfall (noun) – deficit, inadequacy/deficiency; shortcoming/defect.
recalibrate (verb) – reevaluate, reassess, rearrange.
far off the mark (phrase) – not accurate, not correct.
spate (noun) – series, flurry; a large number of something (taking place at the same period).
kick in (phrasal verb) – come into effect.
rationalisation (noun) – an act of justifying an inappropriate behaviour/attitude.
persist (verb) – continue/carry on, remain/linger/stay.
woo (verb) – try to attract, seek the support of, seek the favour of.
fold (noun) – group, body, community.
threshold (noun) – lower limit, starting point, the level (to react to something).
forbearance (noun) – tolerance/toleration, clemency, endurance.
dent (verb) – reduce, diminish, lessen.
kitty (noun) – funds, reserves, money, finances.
disinvestment (noun) – the process of reducing capital investments.
intra- (prefix) – within.
plug (verb) – stop, close, block/bar.
populist (adjective) – relating to the politicians who claim that they are representing the common/ordinary people.
macro-economic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
credentials (noun) – achievements, capability, accomplishments.
bound to (adjective) – certain/sure, very likely, guaranteed.
fiscal deficit (noun) – the difference between total expenditure and total income of the government.
squeeze (noun) – a strong (financial) demand or pressure.
dip (noun) – reduction, decrease, decline.
compliance (noun) – observation, adherence, conformity.
onset (noun) – start, beginning/opening, appearance.
fervour (noun) – passion, eagerness; dedication/zeal.
uptick (noun) – a small increase.
revival (noun) – improvement, betterment; restoration.
elusive (adjective) – difficult to find; subtle, indistinct/intangible.