The Hindu Editorial (Small doses) – Jul 01, 2021

After asserting that people should wait for the Union Budget’s announcements to trickle down before seeking a fresh stimulus to cope with the second wave of the pandemic,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Small doses) – Jul 01, 2021.

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The Hindu Editorial (Small doses) – Jul 01, 2021:

dose (noun) – an amount/quantity of something.
stimulus (noun) – impetus, boost, incentive, fillip.
stimulus/relief 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.
fall short of (phrase) – fail to meet/reach; be deficient/inadequate/insufficient.
assert (verb) – state, claim, announce, declare.
trickle down (phrasal verb) – pass on benefits to the people at the bottom of the pyramid (by those at top of the system).
seek (verb) – ask for, request, call on, appeal for.
cope with (verb) – deal with, grapple with, handle/manage.
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.
unveil (verb) – present, announce, disclose/make public.
of sorts (phrase) – of a kind; not exactly the same as something.
implications (noun) – consequence/outcome, ramification, repercussion.
measure (noun) – action, step, procedure.
small-ticket (noun as modifier) – inexpensive (thing/items).
entrepreneur (noun) – businessman, businesswoman, business person.
project (verb) – forecast, predict, estimate, calculate.
Credit Guarantee Scheme (CGS) (noun) – Credit Guarantee Scheme (CGS) was launched to strengthen credit delivery system and to facilitate flow of credit to the MSE sector, create access to finance for unserved, under-served and underprivileged, making availability of finance from conventional lenders to new generation entrepreneurs.
add to (phrasal verb) – increase, boost, augment.
Emergency Credit Line Guarantee Scheme (ECLGS) (noun) – The ECLGS aims to provide 100 percent guaranteed coverage to the banks, non-banking financial institutions (NBFCs) and other lending institutions in order to enable them to extend emergency credit to business entities that have suffered due to the Covid-19 pandemic and are struggling to meet their working capital requirements.
tenure (noun) – term, time, period.
backing (noun) – support, help, assistance, aid.
perhaps (adverb) – maybe, possibly.
risk-averse (adjective) – relating to someone who does not want to take risks.
lender (noun) – financial institution (mostly bank) which lends money.
hit (verb) – reach (a particular point/level).
viable (adjective) – reasonable, practical, logical, sensible, effective.
stir (verb) – spur, drive, propel, stimulate, encourage.
unlikely (adjective) – doubtful, implausible, improbable, questionable.
traction (noun) – momentum, purchase, popularity.
firmer comparative adjective of firm (adjective) – strong, vigorous, forceful, sturdy.
grip (noun) – control, hold.
vaccine (noun) – a biological preparation that improves immunity to a particular disease.
liabilities (noun) – financial obligation, debt.
outgo (noun) – outlay, expenditure, expenses, spending, outgoings, money spent.
exchequer (noun) – treasury, coffers; funds/resources/finances.
abysmal (adjective) – very bad, awful, terrible.
ramp up (phrasal verb) – increase (in amount or number).
paediatric (adjective) – relating to the branch of medicine dealing with the health and medical care of infants & children.
hinterland (noun) – remote areas of a country away from the coastal areas/the banks of major rivers.
make sense (phrase) – be accepted, hold up, be credible.
vaccination (noun) – treatment with a vaccine to protect against a particular disease; immunization.
subsidy (noun) – also called 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.
along with (phrase) – together with, accompanying.
bailout (noun) – an act of providing financial help/support by the outside investors to a bank/institution or organisation which faces serious financial difficulty.
bail-in (noun) – a way of helping a bank or other institution in financial difficulty, in which people/creditors of the bank to bear some of the burden by cancelling a part of the debt they are owed.
ailing (adjective) – weak, poor; in bad/poor health or condition.
padding (noun) – cushioning, stuffing, packing, filling.
figure out (phrasal verb) – understand, comprehend, work out, find an answer/solution to.
vulnerable (adjective) – relating to a weak/neglected person who is in need of special care/support/protection; ill-protected, easily affected by, prone to, at risk of.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
propensity (noun) – tendency, inclination, predisposition, readiness.
uncertain (adjective) – unknown, unsure, unpredictable.
lead to (verb) – result in, cause, bring about, call forth, give rise to, produce.
belt-tightening (noun) – reductions in spending.
hesitant (adjective) – uncertain, undecided, dubious, sceptical, reluctant.
dole (noun) – state benefit, government benefit, social security, public assistance allowance, welfare.
address (verb) – tackle, deal with, attend to, try to sort out.
the elephant in the room (phrase) – it is mostly used to refer to a serious problem – one which people are aware of, but choose to ignore. They think that if they do not talk about it, the problem will somehow disappear.
dampen (verb) – decrease, diminish/lessen, reduce.
empower (verb) – enable, equip, give the power to; authorize, entitle, permit, allow.
lend (verb) – give, provide, grant, offer, contribute.
fiscal (adjective) – financial.
fiscal restraint (noun) – the tax hikes or spending cuts intended to reduce (shifts) in aggregate demand.
(credit) rating agency (CRA) (noun) – a credit rating agency is an entity which assesses the ability and willingness of the issuer company for timely payment of interest and principal on a debt instrument.(Courtesy: www.sebi.gov.in)
acknowledge (verb) – admit, accept, recognize, realize.
tipping point (noun) – the point in a condition at which a small development/change causes major & unstoppable changes.
inaction (noun) – inactivity, passivity, non-intervention; negligence, disregard, apathy.
prospects (noun) – possibilities, potential, expectations, outlook, future.