The Hindu Editorial (Purveyor of promise) – Nov 14, 2020

Editorial Words

4 years ago

The Hindu Editorial (Purveyor of promise) – Nov 14, 2020

The most heartening aspect of the Centre’s latest announcement to spur the economy, a package worth over ₹2.65-lakh crore,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Purveyor of promise) – Nov 14, 2020.

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Today’s word list-1 for The Hindu Editorial (Purveyor of promise) – Nov 14, 2020:

purveyor (noun) – a person or group who spreads or promotes an idea, view, etc.
Atmanirbhar Bharat Abhiyan (or) Self-reliant India Mission (noun) – The term was coined by the Prime Minister of India, Mr Narendra Modi during his address to the nation on May 12, 2020. He called this campaign
as Aatma Nirbhar Bharat Abhiyaan (Self- Reliant India Movement). He also defined five pillars of Aatmanirbhar Bharat – Economy, Infrastructure, System, Demography and Demand. He stressed that it is time to become
vocal for our local products and make them global. Under this campaign, a special economic package has been released by the government, which will benefit various segments including cottage industry, Micro, Small and
Medium Enterprises (MSMEs), labourers, middle class, and industries, among others.
stimulus package (noun) – an attempt by the government to boost economic growth and save their country from a financial crisis by involving tax cuts, lowering interest rates and increasing government spending.
take into account (phrase) – consider, take into consideration, have regard to, reckon with.
heartening (adjective) – encouraging, promising, hopeful.
spur (verb) – motivate, stimulate, encourage, urge, galvanize.
implied (adjective) – implicit, suggested, indirect, hinted.
realisation (noun) – understanding, comprehension, recognition, perception.
out of the woods (phrase) – out of danger/difficulty.
high-frequency indicators (HFIs) (noun) – high-frequency indicators (HFIs) of India’s Economic Recovery enable a meaningful and real-time analysis of patterns of economic recovery. The HFIs provide a range of data on multiple aspects of the economy, including fertilizer sales, trade in agricultural commodities, registration of new businesses, registration of different types of vehicles, digital transactions and payments and demand for wage labour under MGNREGA.
uptick (noun) – a small increase or upward trend.
assert (verb) – declare, announce, pronounce, state.
sustainable (adjective) – acceptable, reasonable, trustworthy, dependable (at a particular level/rate).
under way (phrase) – in progress, happening, occurring, taking place.
hit out (phrasal verb) – criticize, attack, denounce, lash out, castigate.
spike (noun) – a sharp rise/increase of something.
reflect (verb) – indicate, show, reveal, exhibit.
pent-up (adjective) – suppressed, confined, held back, not expressed (emotions/feelings).
pent up demand (noun) – pent up demand is a build-up of demand for goods and services in an economy where consumers are unable or unwilling to make purchases to satisfy the demand at the present time. Pent up demand happens during periods when consumers are reluctant or unable to make needed or desired purchases. This generally occurs during times of economic uncertainty – such as a recession.
transient (adjective) – temporary, short-term or impermanent.
standpoint (noun) – point of view, viewpoint, vantage point, opinion, attitude.
stimulus (noun) – impetus, boost, incentive, fillip.
Leave Travel Concession (LTC) (noun) – Leave Travel Concession (LTC) is granted to Central Government employees for travel to various parts of the country and home as well. The number of home travel visits allowed are two. This is made available every four years. One of the hometown visits can be substituted with an “All India visit”, if needed.
revive (verb) – restore, reintroduce, regenerate, bring back.
take one’s eye off the ball (phrase) – to stop paying attention to the most important matter in hand.
purvey (verb) – spread, promote (an idea, view, etc.).
take cognisance of (phrase) – notice, attend to, take into account, give attention to.
seek (verb) – try, attempt, strive, aim.
resuscitate (verb) – strengthen, revive, revitalize/reinvigorate, improve the condition of something.
bode well/ill (verb) – augur, indicate, portend (a good/bad outcome).
acknowledge (verb) – admit, accept, realize.
spate (noun) – series, flurry; a large number of something (taking place at the same period).
formal sector/organised sector (noun) – formal economy; it is the part of an economy that is taxed, or monitored by any form of government.
informal/unorganized sector (noun) – informal economy, grey economy; it is the part of an economy that is neither taxed, nor monitored by any form of government.
distress (noun) – difficulty, hardship, trouble; suffering/pain.
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.
lockdown (noun) – an emergency protocol implemented by the authorities that prevents people from leaving from a place; An extended state of confinement/encirclement/isolation of a person by the authority.
hit home (phrase) – (of a criticism/remark) to be fully understood or accepted as true/real.
sops (noun) – a conciliatory gift, bribe, concession; something given/provided (which is of less importance) to pacify somebody.
free up (phrasal verb) – to make something available.
bid for (verb) – (of a contractor) offer to do (job/work) for a mentioned price; tender for.
demonstration (noun) – proof, validation, confirmation; indication, revelation, display.
bang for the buck (phrase) – get the best value for your money.
fiscal (adjective) – financial.
multiplier effect (noun) – the proportional amount of increase in final income (particularly of the government) that results from an injection of spending; it occurs when an initial injection (investment/spending) into the economy causes a bigger final increase in national income.
drive up (phrasal verb) – to cause something to increase rapidly.
tide (noun) – trend of events; rise and fall of something.
unlock (noun) – a process of freeing something from restrictions.
-intensive (adjective/usually in combination) – (in business) concentrating on a particular thing.
hospitality (services) (noun) – customer services provided at hotels, restaurants, events, and other areas of the tourism industry.
battered (adjective) – damaged, impaired, spoiled.
stressed (adjective) – (of a sector) distressed, troubled, suffering (in debt).
Emergency Credit Line Guarantee Scheme (ECLGS) (noun) – The Emergency Credit Line Guarantee Scheme (ECLGS) was unveiled as part of the Rs 20 lakh crore comprehensive package announced by Finance Ministry on 13/05/2020, to aid Micro, Small and Medium Enterprises (MSMEs) sector in view of the economic distress caused by the COVID-19 pandemic.
outlay (noun) – expenditure, expenses, spending.
sanction (verb) – approve, give permission for, authorize, support, endorse.
beneficiary (noun) – recipient, receiver, assignee.
stimuli (noun) – stimulus, incentive, impetus/fillip.
incentive (noun) – motivation, motive, stimulus, impetus, encouragement.
play out (phrasal verb) – happen, occur, take place.
vaccine (noun) – a biological preparation that improves immunity to a particular disease.
disingenuous (adjective) – dishonest, deceitful, double-dealing.
in any case (phrase) – whatever happens; moreover.
in terms of (phrase) – with regard to, regarding/concerning, in connection with.
rely on (phrasal verb) – depend on; resort to, have recourse to.
push (noun) – drive, motivation, enthusiasm, vigour; striving, effort.
generous (adjective) – liberal, magnanimous, munificent, open-handed; big-hearted, kind.
foot (verb) – pay.
foot the bill (phrase) – pay, pay out, settle up (the bill when amount is considered large or unreasonable).
nudge (verb) – push, prod, encourage.
foreseeable (adjective) – unsurprising, predictable, expected, anticipated reasonably.
measure (noun) – course of action, action, step, procedure.
template (noun) – model, pattern/example, blueprint.
scale up (phrasal verb) – increase (in size or number).
diktat (noun) – order, regulation, decree.
Disaster Management Act (noun) – the Disaster Management Act, 2005 The stated object and purpose of the Disaster Management Act, 2005 is to manage disasters (e.g. cyclone, earth quake & etc.,), including preparation of mitigation strategies, capacity-building and more. To address the current epidemic outbreak, the Central government has included the Covid-19 outbreak as “Notified Disaster” as a “critical medical condition or pandemic situation”.