Today’s “Word of the Day” is “metamorphose” and it is a verb meaning “transform, change, transfigure, convert, alter, modify, remodel, reorganize, translate”.
Example Sentence: Historically, India’s fiscal transfer worked through two pillars, i.e., the Planning Commission and the Finance Commission. But the waning of planning since the 1990s, and its abolition in 2014, led to the Finance Commission becoming a major means of fiscal transfer… Today, the Finance Commission became a politicised institution with arbitrariness and inherent bias towards the Union government. The original intention of addressing inequities, a lofty idea, indeed, was turned on its head as it metamorphosed into one of the world’s most regressive taxation systems due to a centralised fiscal policy.
This word is present in The Hindu article The poor state of India’s fiscal federalism and click here to read it.
Courtesy: The Hindu
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