The rot in farming – The Hindu (Jun 13, 2017)

The rot in farming – The Hindu (Jun 13, 2017)

To say it is a domino effect of the loan write-offs for small and marginal farmers by the Uttar Pradesh government may be simplistic, but farmers in different parts of the country have begun agitating for waivers. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1

1. rot (noun) – deterioration, decline; cancer.
2. produce (noun) – agricultural products, food, foodstuff.
3. domino effect (noun) – domino effect or chain reaction is the cumulative effect produced when one event sets off a chain of similar events.
4. write-off (noun) – an elimination of a bad debt from the account.
5. loan waiver (noun) – it is the waiving of the real or potential liability of the person or party who has taken out a loan through the voluntary action of the person or party who has made the loan (Courtesy: Wikipedia).
6. in the face of (phrase) – in spite of, despite, notwithstanding.
7. protracted (adjective) – very long,  prolonged, extensive.
8. blanket (adjective) – overall, general, total & inclusive.
9. outgo (noun) – money outlay, expenditure, expenses.
10. unveil (verb) – present, disclose, make public.
11. defaulter (noun) – a person who is (purposefully) not repaying banks/lenders’ debt on time for various reasons.
12. categorically (adverb) – explicitly, directly, out-rightly/definitely.
13. largesse (noun) – generosity, liberality, great-heartedness.
14. inflationary (adjective) – tending to cause monetary inflation. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
15. slippage (noun) – shortfall, deficiency, shortage.
16. short-sighted (adjective) – narrow-minded, unimaginative, lacking foresight.
17. angst (noun) – anxiety, fear/wary, apprehension.
18. holistically (adverb) – comprehensively, fully, totally/entirely/completely.
19. deflation (noun) – decline, setback, reduction of pricing.
20. fire sale (noun) – selling materials at a low price when there is a (financial) difficulty for the seller.
21. cereal (noun) – food grains (rice, wheat, millet, maize & etc).
22. moderate (verb) – decrease, lessen, control.
23. tepid (adjective) – unenthusiastic/uninterested, halfhearted, lukewarm.
24. aggravate (verb) – intensify, increase; worsen/compound.
25. livestock (noun) – farm animals (cattle, goats & etc).
26. awash (adjective) – inundated, flooded, swamped.
27. shrank (past tense of shrink)  (verb) – get smaller, lessen, reduce.
28. squeeze (noun) – press, pinch, nip.
29. prudent (adjective) – cautious, careful/wary, circumspect.
30. flip-flop (noun) – a sudden reversal of something, particularly a policy/plan.
31. from farm to fork (idiom) – food chain from (agricultural) produce to food (on the table).
32. irrigation (noun) – supply of water to farm land to grow crops & plants.

Note:

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2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided. 

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