The Hindu Editorial (Chip tactics) – Aug 01, 2023

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The Hindu Editorial (Chip tactics) – Aug 01, 2023:

bid (verb) – attempt, try, effort, endeavour.
pitch (noun) – a way of talking when attempting to convince someone to buy or accept something.
draw in (phrasal verb) – to involve someone in something; to get someone involved in something; to make someone to take part in something.
semiconductor (noun) – a substance that has specific electrical properties that enable it to serve as a foundation for computers and other electronic devices. Semiconductors are materials (silicon or germanium) which have a conductivity between conductors (generally metals like copper) and nonconductors or insulators (such as most ceramics/plastics).
go beyond (phrasal verb) – be more than something; to do more than something; to do more than is needed.
incentive (noun) – attraction, encouragement, motivation, stimulus, impetus.
summit (noun) – meeting, conference, conclave (international meeting/conference of heads of state/government).
prospective (adjective) – potential, possible, probable, likely, future, aspiring, eventual, soon-to-be, intended.
draw on (phrasal verb) – utilize, use, employ, resort to, make use of, take/have recourse to.
pro-active (adjective) – motivated, energetic, dynamic; aggressive, intense, passionate.
address (verb) – tackle, deal with, attend to, try to sort out.
sops (noun) – a conciliatory gift, concession; something given/provided (which is ,often, of less importance) to pacify somebody.
set up (phrasal verb) – create, start, begin, establish, initiate.
facility (noun) – a place or building used for a particular purpose.
scale up (phrasal verb) – increase, expand, augment; step up.
bear (verb) – carry, support, shoulder, absorb, take on.
outlay (noun) – expenditure, expenses, spending, outgoings, money spent.
undertake (verb) – start, begin, initiate, commence, attempt, engage in, embark on.
clear the decks (phrase) – get ready for a specific action/event (by getting rid of all other hindrances that may hamper the event/action).
perhaps (adverb) – maybe, possibly.
nudge (verb) – encourage, prompt, push, coax, stimulate.
pact (noun) – agreement, treaty, protocol.
supply-chain (noun) – a network between a company and its suppliers to produce and distribute a specific product to the final buyer.
pique (verb) – stimulate, arouse, excite, spur, galvanize (interest).
spur (verb) – stimulate, encourage, prompt, galvanize.
explore (verb) – examine, evaluate, review.
co-located (adjective) – relating to the act of placing multiple (sometimes related) entities within a single location.
seek (verb) – try, aim, attempt.
de-risk (verb) – to take measures/steps to reduce risks/financial loses.
collaborative (adjective) – collective, common, mutual.
friendshoring (noun) – also called ally-shoring; Friend-shoring, as the name indicates, would involve supply chains only in countries that shared core values and principles ranging from protection of privacy in the digital world to human rights. Market access could thus be securely granted to countries that could be trusted as “friends/allies”, reducing risks to the US economy and to those of the “friends/allies”, who would now be the chosen trading partners.
rationale (noun) – reason, factor, cause, basis, premise.
enhanced (adjective) – increased, intensified, strengthened.
unquestionable (adjective) – indisputable, undeniable, incontestable, undoubted.
fierce (adjective) – competitive, aggressive, intense, strong, cut-throat.
woo (verb) – try to attract, try to win, curry favour with, seek the support of.
array (noun) – range, variety, collection.
subsidy (noun) – also called as subvention; a financial contribution granted to help an industry or business, mostly given by a government, in order to keep the price of service/goods at a low level.
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.
unveil (verb) – launch, release, introduce.
venture (noun) – project, scheme, enterprise, undertaking.
come undone (phrase) – to become disintegrated, to break into parts or pieces; to come to fail.
hand-hold (verb) – support/guide.
fruition (noun) – realization, achievement, accomplishment/completion.
exemplar (noun) – perfect example, model, criterion, benchmark.
environment (noun) – situation, atmosphere, background, backdrop, scenario.
predictable (adjective) – foreseeable, expected, anticipated.
framework (noun) – structure, system, scheme.
amenable to (adjective) – cooperative, accommodating, flexible.
knee-jerk (adjective) – unthinking, unintentional, unplanned.
deviation (noun) – divergence/departure, abnormality, irregularity.
curb (noun) – restraint, restriction, control, limitation.
cope with (verb) – manage, handle, confront, face up to, tackle.
bilateral (adjective) – involving two groups or countries.
multilateral (adjective) – involving many different countries/parties/organizations.
compact (noun) – agreement, accord, treaty, pact, protocol, deal.
myriad (adjective) – various, many and various, manifold, multiple.
assurance (noun) – word, avowal, pledge, promise, commitment, guarantee.
assuage (verb) – soothe, relieve, alleviate, mitigate.
a slip twixt cup and the lip (phrase) – It implies that even when a good outcome or conclusion seems certain, things can still go wrong.