A stitch in time – The Hindu (June 24, 2016)

A stitch in time – The Hindu (June 24, 2016)

The Centre’s package of incentives to boost investments and job creation in the export-oriented textile and apparel sector is a stitch in time. For further reading, visit “The Hindu”.

Today’s Words: 

1. A stitch in time saves nine (idiom) – deal with the problems promptly and save time and energy later when they might become worst.
2. Cede (verb) – give up, handover, concede, assign, grant.
3. Nimble (adjective) – quick, agile, bright, active, fast, sharp.
4. Tax break (noun) – the reduction in the total tax payable allowed by the government specially to encourage some econimic and social schemes.
5. Fillip (noun)- stimulus, boost, encourgement, incentive, impetus, motivation.
6. Vie (verb) – compete, contest, struggle, battle.
7. Move up (phrasal verb) – increase, raise, ascend.
8. Value chain (noun) – A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.
9. Tap (verb) – use, utilize, open up, draw on, make use of, put to use.
10. Earmark (verb) – set a side, allocate to, reserve, assign.
11. Set apart (phrasal verb) – keep apart, separate, save for a particular purpose.
12. Duty drawback (noun) –  tax canceled on export items.
13. Pencil in (phrasal verb) – arrange something for timebeing (yet to be confirmed).
14. Cognizant (adjective) -aware, familair with, mindful, consciuos.
15. Insist on (phrasal verb) -doing something. continue something.
16. Compliant with (adjective) – in accordance with standards/rules.
17. On a par with (idiom) – equal to, as good as, comparable to, similar to something/someone.
18. Statutory dues  (adjective) – enancted, created, controlled by statute. (statute (noun) – a writtten law by the government).
19. Sop (noun) – something given/provided (which is of less importance) to pacify somebody.
20. Ambitious (adjective) – difficult, tough, challenging, formidable, bold
21. Signatory (noun) –  the one (person/party/organisation/country) which signed an official document.
22. Raft of (noun) – a large amount of something.
23. Bolster (verb) – strengthen, boost, support, reinforce, assist, help.
24. in time (phrase) – early enough, promptly, on time, not too late, at the right time.

Note:

• Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/ .
• Synonyms provided for the words above are my personal work and not that of Oxford University Press.