The Hindu Editorial (A reform window) – Apr 03, 2024

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The Hindu Editorial (A reform window) – Apr 03, 2024:

window (noun) – opportunity, chance, opening.
trajectory (noun) – track/course, route, path, direction, approach.
buoyant (adjective) – booming, progressing, improving, thriving, growing, developing, going strong.
prioritise (verb) – make a point of, highlight, call attention to (something as very important).
overhaul (noun) – reformation, transformation, reorganization, rearrangement.
on a high (phrase) – in a condition of great excitement and happiness; ecstatic, thrilled, elated, over the moon, delirious, euphoric, on cloud nine, in seventh heaven.
front (noun) – a particular area of activity; a particular situation.
hit (verb) – reach, attain, touch (a particular level/point).
yield (verb) – produce, give, generate, provide, bring in, furnish, contribute.
robust (adjective) – strong, powerful.
gross (adjective) – total, complete, entire, overall.
undertake (verb) – begin, start; engage in, become involved in.
tally (noun) – total, count.
rollout (noun) – official launch/introduction.
aid (verb) – help, assist, support.
compliance (noun) – adherence, observance, conformity.
lift (verb) – raise, increase, improve, enhance.
mark (verb) – indicate, signify, represent (a significant stage).
uptick (noun) – a small increase or upward trend.
establish (verb) – start/begin, create, initiate, put in place, bring into being.
the new normal (phrase) – an earlier unusual situation that becomes a standard now.
build on (phrasal verb) – develop, improve, enhance, enlarge, expand on.
return (noun) – yield, profit, dividend, gain, income.
overshoot (verb) – go beyond, go a little further than, pass over (a limit); overrun, overreach, overpass.
interim (adjective) – provisional, temporary, short-term, transitional.
slip (verb) – fall, sink, go down, decrease.
stem from (verb) – originate from, come from, be rooted in, emanate from, flow from, proceed from, result from, be consequent on.
tax demand (noun) – a document mentioning how much tax a person or organization has to pay.
tighten the screws (phrase) – to apply more pressure on someone/something.
evasion (noun) – dodging, bypassing/sidestepping, circumvention.
fraudulent (adjective) – dishonest, unlawful, unethical, unprincipled.
tax credit (noun) – an amount of money that taxpayers can subtract from taxes owed to the government.
reveal (verb) – lay bare, disclose, show, display, exhibit.
suggest (verb) – indicate, denote, point to, signify.
quarter (noun) – a period of three months (considered as one-fourth of a year).
perhaps (adverb) – maybe, possibly, probably, conceivably, it is possible (that).
cut back (phrasal verb) – reduce, cut, decrease.
cutback (noun) – reduction, decrease.
discretionary (adjective) – optional, voluntary, subjective, up to the individual, non-mandatory, non-compulsory.
much-needed (adjective) – very necessary.
retrieve (verb) – get back, regain, reclaim, reacquire, recapture.
rationalise (verb) – modernise, streamline, make more efficient, hone, simplify, reorganize.
freeze (noun) – suspension, hold/halt, standstill.
deep freeze (noun) – suspension (on hold) for a long period of time.
levy (noun) – imposition, charging, raising, collection (of a tax, fee, fine).
compensation (noun) – payment, repayment, settlement (for loss/damage).
GST Compensation (noun) – Under the GST law (In India), state governments are guaranteed full compensation for any revenue loss for the first five years after the introduction of the goods and services tax (GST) in July 2017. The compensation is a gap between actual revenue collected and projected revenue.
cess (noun) – a form of tax charged/levied over and above the base tax liability of a taxpayer. A cess is usually imposed additionally when the state or the central government looks to raise funds for specific purposes.
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.
borrowing (noun) – In finance and economics, borrowing generally refers to receiving money. In simple terms, borrowing can be illustrated as the act of receiving a certain amount of money with the intention that the receiver will have to return the same amount of money after a fixed span of time.
recompense (verb) – compensate, repay, settle (for loss/damage).
rake in (phrasal verb) – earn, get, obtain, acquire, make (a lot of something, i.e. money).
likely (adverb) – probably, presumably, potentially, doubtlessly.
wind down (phrasal verb) – come to an end, draw to a close, wind up, close down.
temptation (noun) – desire, lure, impulse, inclination, attraction.
demerit goods (noun) – goods which are deemed/considered as harmful to society and individuals, for example alcohol and tobacco, etc.
hybrid (adjective) – composed/combined of different elements.
hybrid vehicle (noun) – a vehicle that utilizes more than one fuel sources or two or more different fuel sources to operate and to move the vehicle or a hybrid vehicle is a vehicle wherein the means of propulsion is by engine which is a combination of IC (internal combustion engine petrol/diesel) engine and an electric motor.
for instance (phrase) – as an example.
make sense (phrase) – be accepted, be convincing, hold up, prove true.
make no sense (phrase) – illogical, nonsensical, unreasoned, irrational.
green goals (noun) – energy efficient goals (including achieving 50 percent of total electric power installed capacity from non-fossil fuel-based resources and reducing the carbon footprint of GDP by 45 percent by 2030.