The Hindu Editorial (Catching up) – Sep 10, 2021

The Cabinet’s approval of a Production-Linked Incentive (PLI) scheme for the textile sector that is expressly targeted at the man-made fibre (MMF) and technical textiles segments is a belated acknowledgment… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Catching up) – Sep 10, 2021.

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The Hindu Editorial (Catching up) – Sep 10, 2021:

catch up (phrasal verb) – reach, gain on, come to, succeed in reaching (the same standard, stage, or level of others).
production-linked incentive (PLI) scheme (noun) – As the name suggests, the scheme provides incentives to companies for enhancing their domestic manufacturing apart from focusing on reducing import bills and improving the cost competitiveness of local goods. PLI scheme offers incentives on incremental sales for products manufactured in India.
incentive (noun) – motivation, encouragement, impetus, boost.
likely (adverb) – probably, in all probability, presumably, doubtlessly.
hinge on (verb) – depend on, be based, be dependent.
entrepreneur (noun) – businessman, businesswoman, business person.
weigh (verb) – consider, think about, contemplate, deliberate about, reflect on.
risk-reward ratio (R/R ratio) (noun) – It is used to assess the profit potential (reward) of a trade relative to its potential loss (risk).
expressly (adverb) – absolutely, clearly, obviously, unequivocally, unmistakably.
man-made fibre (MMF) (noun) – Man-made fibres (MMF) are mainly of two types viz., synthetic and cellulosic. Synthetic fibres are produced from crude oil and cellulosic fibres are from wood pulp. The main varieties of synthetic staple fibres are polyester, acrylic and polypropylene. Cellulosic fibre is viscose fibre, modal, etc. Textiles made out of these synthetic and cellulosic fibres are called man-made fibre textiles. However, besides pure man-made fibre textiles, presently the man-made fibre and natural fibre mainly cotton blends are more popular.
belated (adjective) – late, behind time, not on time/delayed.
acknowledgment (noun) – acceptance, admission, recognition, realization.
ground (noun) – basis, factor, rationale.
inexorably (adverb) – unstoppably, unavoidably, inescapably, inevitably.
relentless (adjective) – constant, continuous, non-stop, unceasing.
surpass (verb) – outdo, outshine, outstrip, outclass, overshadow.
vault (noun) – jump, leap, leapfrog.
on the other hand (phrase) – by contrast; as an alternative/contrasting situation.
relatively (adverb) – comparatively, proportionately, somewhat, to a certain extent/degree.
fiscal (noun) – financial year.
cognisant (adjective) – aware, well informed about, familiar with.
bolster (verb) – strengthen, support, reinforce/buttress.
craft (verb) – exercise skill in making something.
engender (verb) – cause, give rise to, bring about.
lead to (verb) – result in, cause, bring on.
a while (noun) – for some time.
outlay (noun) – expenditure, expenses, spending.
broadly (adverb) – generally, usually, commonly.
base on (phrasal verb) – use as a basis; found, build, construct, form, establish.
on account of (phrase) – because of, owing to, due to, by virtue of.
as well as (phrase) – and also, and in addition.
reflect (verb) – think about, consider, review, mull over, contemplate.
keenness (noun) – eagerness, willingness, readiness, desire/wish.
ultimately (adverb) – eventually, in the end, finally.
objective (noun) – aim, intention, purpose, target, goal.
categorise (verb) – classify, group, rate, list.
hit (verb) – reach (a particular point/level).
preset (adjective) – prearranged, pre-agreed, pre-established, pre-planned, pre-decided.
enable (verb) – allow, permit, authorize, sanction, grant; prepare, facilitate.
on the face of it (phrase) – apparently, seemingly, evidently/ostensibly; at first glance.
design (verb) – create, plan, formulate, think up.
pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
spur (verb) – prompt, propel, induce, impel.
pandemic-spurred (adjective) – induced/prompted by the pandemic.
uncertainty (noun) – unpredictability, unreliability, riskiness/precariousness.
leery (adjective) – cautious, careful, circumspect, alert.
capital spending/capital expenditure (CAPEX) (noun) – the money spent on the acquisition of assets like land, buildings, machinery, equipment, as well as investment in shares.