The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020

The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020

“We have no food, no home, no income. My children are starving,” cried Prachi to a TV anchor on April 14. For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020.

To read this article, click here.

This preview is provided here with permission.  

Courtesy: The Hindu

Today’s Advanced Word List 1 for The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020:

  1. blueprint (noun) – model, plan, guide, template, framework.
  2. revive (verb) – re-establish, revitalize, restore, improve.
  3. craft (verb) – involve in an activity skillfully; to make something with skill.
  4. consideration (noun) – deliberation, reflection, pondering, analysis, review.
  5. starve (verb) – suffer (from hunger).
  6. dependent (adjective) – reliant on, relying on, counting on.
  7. livelihood (noun) – source of income; means of making a living with the basic necessities (food, water, shelter and clothing); means of support, subsistence.
  8. 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.
  9. COVID-19 (noun) – coronavirus disease 2019.
  10. Greater Depression (noun) – a worldwide economic depression that started in 1929 and lasted until the late 1930s (almost for 10 years until about 1939). Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world.
  11. highlight (verb) – underline, underscore, emphasize, call attention to.
  12. gravity (noun) – seriousness, importance/significance, magnitude.
  13. humanitarian crisis (noun) – it is also called as humanitarian disaster; a situation with high levels of human suffering in which basic human welfare is in danger on a large scale.
  14. confront (verb) – trouble, burden, annoy, cause suffering to, beset.
  15. come to a (grinding) halt (phrase) – a (bad) situation becomes inactive slowly and then stops completely.
  16. screeching (adjective) – relating to a high-pitched sound produced when applying the brakes forcefully to stop a vehicle suddenly.
  17. extend (verb) – offer, give, reach out, hold out.
  18. sympathies (noun) – expression of pity; expression of sorrow; support, solace.
  19. steer (verb) – guide, conduct, direct/lead.
  20. 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.
  21. spirit (noun) – real meaning, true intention, essence, ethos.
  22. non-partisanship (noun) – fairness, neutrality, impartiality, egalitarianism.
  23. diagnose (verb) – identify, determine, distinguish, detect.
  24. imperative (adjective) – vitally important, crucial/critical, essential.
  25. address (verb) – tackle, deal with, attend to, try to sort out.
  26. misery (noun) – pain, distress, suffering.
  27. the vulnerable (noun) – a weak/neglected person who is in need of special care/support.
  28. household (noun) – family, house.
  29. Aadhaar-seeded (adjective) – linked (Aadhaar number to the bank account).
  30. Below Poverty Line (BPL) (noun) – an benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid.
  31. far (adverb) – much, very much, noticeably, considerably.
  32. buffer stock (noun) – a large supply of a commodity stored (as reserve/extra) by the government for the purposes of stabilizing prices in an entire economy.
  33. ration (noun) – the practice of having a fixed allowance of food, esp a statutory one for civilians (particularly in time of scarcity or soldiers in time of war); allowance, allocation, allotment.
  34. roadblock (noun) – barricade, barrier, blockade.
  35. universalise (verb) – make (something) available for all.
  36. social distancing (noun) – a term means actively avoiding crowded public places, is a key element in decreasing the rapid spread of COVID-19. This is an effort intended to limit exposure by reducing face-to-face contact and preventing spread among people in community settings.
  37. resume (verb) – restart, return to, come back to.
  38. call for (phrasal verb) – require, publicly ask/necessitate, demand.
  39. implementation (noun) – execution, enforcement, imposition.
  40. hotspot (noun) – a place of significant activity.
  41. containment (noun) – an act of keeping something (harmful) under control (it means quickly identifying cases of coronavirus through testing, placing infected individuals in isolation, tracking who infected persons might have been in contact with and potentially quarantining those who came into contact with infection so that the disease doesn’t continue to spread).
  42. in tandem (phrase) – alongside each other.
  43. preferably (adverb) – ideally, if possible, rather.
  44. epidemiologist (noun) – an expert in the study of how disease spreads and can be controlled.
  45. diminish (verb) – decrease, decline, reduce, shrink.
  46. add to (verb) – increase, magnify, intensify, amplify.
  47. rabi crops/sowing (noun) – winter crops; seeds sowing in the beginning (Nov) of the winter and harvesting at the end of the season (Apr) in the South Asia.
  48. kharif crops (noun) – monsoon crops; seeds sowing in the beginning (Jun) of the monsoon and harvesting at the end of the season (Oct) in the South Asia.
  49. constraint (noun) – restriction, limitation, restraint.
  50. riskiest superlative adjective of risky (adjective) – uncertain, unpredictable, unsafe.
  51. transit (noun) – movement of people/thing from one place to another place.
  52. open up (phrasal verb) – increase, step up, accelerate.
  53. trade-off (noun) – a situation in which you must choose between (balance) two things that are opposite or cannot be had at the same time; a compromise; swap, exchange.
  54. tweak (verb) – adjust, modify, alter.
  55. from time to time (phrase) – every now and again,  at intervals, periodically, occasionally.
  56. ingredient (noun) – element, part, component.
  57. resumption (noun) – restarting, recommencement, reopening.
  58. run out (phrasal verb) – use up, be exhausted, be finished.
  59. step in (phrasal verb) – intervene, intercede, become involved.
  60. credit guarantee (fund) (noun) – a type of fund (by the government) which backs up the loan taken by the beneficiaries as a form of collateral (pledged as security/guarantee).
  61. incentivise (verb) – encourage, motivate, galvanize.
  62. moratorium (noun) – a temporary suspension of an activity; embargo, ban, prohibition.
  63. loan obligation (noun) – a binding agreement/promise to make payments for the loan (money borrowed) from lender.
  64. formal sector (noun) – formal economy; it is the part of an economy that is taxed, or monitored by any form of government.
  65. take a leaf out of (someone’s book) (idiom) – to imitate someone.
  66. payroll (noun) – a list of employees who get paid by the company.
  67. resort to (verb) – use, utilize, turn to, have recourse to.
  68. retrenchment (noun) – an act of cutting down or reduction, particularly of public expenditure; spending less money.
  69. lay-off (noun) – unemployment; dismissal, discharge, redundancy.
  70. vulnerable (adjective) – at risk, unsafe, easily affected by.
  71. tepid (adjective) – unenthusiastic, uninterested, lukewarm.
  72. foreign exchange reserve or forex (noun) – Foreign exchange. Forex (exchange) reserves are the amounts of assets /money in foreign currencies that a country has in its central bank (in India, it is Reserve bank of India).
  73. capitalise on (verb) – take advantage of, exploit, benefit from.
  74. arise out (verb) – result, occur, stem (from).
  75. stimulate (verb) – prompt, encourage, trigger.
  76. unskilled (adjective) – unqualified, unschooled uneducated, untaught.
  77. boom (noun) – a period of rapid economic growth.
  78. fiscal stimulus (noun) – Government measures, normally involving increased public spending and lower taxation, aimed at giving a positive jolt to economic activity.
  79. supplement (verb) – augment, increase, add to, boost.
  80. monetary stimulus (noun) – an attempt by a government to make the economy grow faster by increasing the money supply (the amount of money in the economy).
  81. loan forgiveness (noun) – it means you are no longer expected to repay your loan.
  82. regulatory forbearance (noun) – the norm that allowed banks to avoid treating restructured loans (new loan created to replace pre-existing loans) as sub-standard. Forbearance is a “concession” granted to a counter-party (debtor) for reasons of financial difficulty in meeting its financial commitments, that would not be otherwise considered by the lender. (Restructured loan is a new loan created (to replace the pre-existing loan) with a lower installment amount. It is paid over a longer duration of time).
  83. non-performing assets (NPAs) (noun) – bad loans, troubled accounts, stressed loans; an account where principal and/or interest remains overdue for a period of time.
  84. ease (verb) – reduce, lessen, decrease.
  85. credit flow (noun) – availability of credit.
  86. myth (noun) – (false) belief, notion, idea.
  87. indulge in (verb) – become involved in (usually an undesirable activity).
  88. capital expenditure (CAPEX) (noun) – the money spent on the acquisition of assets like land, buildings, machinery, equipment, as well as investment in shares.
  89. at all (phrase) – conceivably, in any way, by any means.
  90. defer (verb) – delay, hold off, postpone.
  91. axe (verb) – cancel, withdraw, drop, discontinue.
  92. crowd out (phrasal verb) – oust, overthrow, exclude, remove.
  93. push up (phrasal verb) – increase, raise.
  94. as a final resort (phrase) – a final course of action when all else has failed; ultimate, final, eventual.
  95. monetise (verb) – earn money, generate revenue.
  96. deficit (noun) – shortfall, deficiency, shortage.
  97. otherwise known as (phrase) – also called as, also known as, better known as; used to show that someone/something has a different name.

Note:  

 1. 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/.
2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. 
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

Today’s Advanced Word List 1 for The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020:

The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020 The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020 The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020 The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020 The Hindu Lead Article (A blueprint to revive the economy) – Apr 17, 2020

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