The Hindu Lead Article (Dormant Parliament, fading business) – Mar 27, 2021
The Budget session of Parliament ended on Thursday, two weeks ahead of the original plan, as many political leaders are busy with campaigning for the forthcoming State Assembly elections. For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (Dormant Parliament, fading business) – Mar 27, 2021.
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Today’s Advanced Word List 1 for The Hindu Lead Article (Dormant Parliament, fading business) – Mar 27, 2021:
- dormant (adjective) – inactive, passive, inoperative.
- fade (verb) – disappear, vanish, wane, decline, diminish/decrease.
- deterioration (noun) – decline, collapse/failure degradation/breakdown.
- mandate (noun) – In constitutional law, a mandate is a set of principles that govern the relationship between the sovereign (voters) and the person who exercises the function for which he or she has been elected; order, directive, ruling, law, statute.
- mandate (noun) – In politics, mandate is defined as the authority, granted by the electorate (people/all voters) to a person or to a party that wins an election, to carry out a policy and act as its representative. A mandate has a political, but also a legal, nature; authority, endorsement, approval, authorization.
- campaign (noun) – a set of organized actions to achieve an ambition; drive/effort, movement.
- forthcoming (adjective) – impending, coming, approaching, nearing.
- curtail (verb) – decrease, lessen, shorten, truncate.
- 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.
- novel coronavirus (nCoV) (SARS-CoV-2) (noun) – a new strain (type/variety) coronavirus that has not been previously identified in humans. (Courtesy: WHO)
- 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.
- fiscal (year) (noun) – financial (year).
- casualty (noun) – victim, sufferer, loser.
- legislative/parliamentary scrutiny (noun) – the close examination and investigation of government policies, actions and spending by the parliamentary (standing & select) committees; the legislative scrutiny is a system for assessing the effectiveness of legislation/statutes/laws.
- legislation (noun) – a body of laws, rules, regulations, statutes.
- grave (adjective) – crucial/critical, important/significant, serious.
- Bill (noun) – A Bill is a draft statute that becomes law after it is passed by both the Houses of Parliament and assented to by the President. All legislative proposals are brought before Parliament in the forms of Bills.
- absence (noun) – lack, non-existence, unavailability; omission, exclusion.
- (Parliamentary) Standing Committee/Parliamentary panel (noun) – it is a committee (consisting of Members of Parliament) constituted usually on an annual basis to enable detailed consideration/discussion on all bills (all proposed laws).
- Parliamentary select committee (noun) – ‘parliamentary select committee’ can be formed for a specific purpose, for instance, to deliberate on a particular bill. Once the Bill is disposed of, that select committee ceases to exist.
- The Government of National Capital Territory of Delhi (GNCTD) Act (noun) – The Government of National Capital Territory of Delhi (Amendment) Bill, 2021 was introduced in Lok Sabha on March 15, 2021. The Bill amends the Government of National Capital Territory of Delhi Act, 1991. The Act provides a framework for the functioning of the Legislative Assembly and the government of the National Capital Territory (NCT) of Delhi. The Bill amends certain powers and responsibilities of the Legislative Assembly and the Lieutenant Governor.
- mechanism (noun) – structure, system, procedure/method.
- the legislature (noun) – a deliberative body of persons, usually elective, who are empowered to make, change, or repeal the laws of a country or state. India follows a bicameral (two chambers/parts) system at both the centre and state level. Under this system, the state’s legislature is divided into two parts – Legislative Assembly or Vidhan Sabha and Legislative Council or Vidhan Parishad.
- the Mines and Minerals (Development and Regulation) Amendment Bill, 2021 (noun) – The Mines and Minerals (Development and Regulation) Amendment Bill, 2021 was introduced in Lok Sabha on March 15, 2021. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957. The Act regulates the mining sector in India. This Bill removes the distinction between captive and non-captive mines.
- Mines and Minerals Act, 1957 (MMDR Act, 1957) (noun) – An Act to provide for the development and regulation of mines and minerals under the
control of the Union.
- captive mines (noun) – mines that produce coal or mineral for exclusive use by the company that owns the mines, while non-captive mines are those that produce as well as sell the fuel.
- The National Bank for Financing Infrastructure and Development (NaBFID) Bill, 2021 (noun) – The bill was passed in the Lok Sabha on March 23, 2021. This bill is passed to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India.
- Insurance (Amendment) Bill, 2021 (noun) – The Insurance (Amendment) Bill, 2021 was passed in the Lok Sabha on Monday, March 22. This bill seeks to raise the FDI limit in the insurance sector to 74% from 49%.
- foreign direct investment (FDI) (noun) – Investment from one country into another (normally by companies rather than governments) that involves establishing operations or acquiring tangible assets, including stakes in other businesses.
- abdication (noun) – disowning, rejection, refusal/avoidance, abandonment.
- scrutinise (verb) – examine carefully, inspect; investigate.
- highlight (verb) – underline, underscore, emphasize, call attention to.
- efficacy (noun) – effectiveness, efficiency, power/ability to give estimated results.
- stellar (adjective) – exceptional, extraordinary, remarkable, outstanding.
- Insolvency and Bankruptcy Code (IBC) (noun) – Insolvency and Bankruptcy Code 2016 was implemented through an act of Parliament. It got Presidential assent in May 2016. The law was necessitated due to huge accumulation of bad (non-performing) loans of banks and delay in debt resolution. Insolvency resolution in India took 4.3 years on an average against other countries such as United Kingdom (1 year) and United States of America (1.5 years), which is sought to be reduced besides facilitating the resolution of big-ticket loan accounts.
- insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
- bankruptcy (noun) – legal state of insolvency. An individual or organisation is declared bankrupt if a court judges that the party involved can no longer meet debt payments to creditors. It is defined as the outcome of a legal procedure.
- Motor Vehicles Act, 1988 (noun) – an Act to consolidate and amend the law relating to motor vehicles.
- money bill (noun) – The Bill deals with issues such as receipt and spending of money, such as tax laws, laws governing borrowing and expenditure of the government, prevention of black money etc. Under India’s constitutional design, money bill requires only the Lok Sabha’s affirmation/approval (bypassing Rajya Sabha’s affirmation/approval) only for it to turn into law.
- classification (noun) – sorting, classifying, categorization.
- dubious (adjective) – suspicious, questionable, doubtful.
- get past (phrasal verb) – if something such as a proposal gets past someone, it is accepted by someone who has the power to stop it happening; able to overcome.
- Aadhaar Act, 2016 (noun) – The Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 is a money bill of the Parliament of India. It aims to provide legal backing to the Aadhaar unique identification number project. It was passed on 11 March 2016 by the Lok Sabha.
- read down (phrase) – an instance of a court urging that a statute must be construed/interpreted legally, if fairly possible, so as to save it from being declared illegal.
- dissenting (adjective) – opposite, contradicting, disagreeing, conflicting.
- invalidate (verb) – nullify, overrule, negate, cancel.
- Finance Bill (noun) – ‘Finance Bill’ means the Bill ordinarily introduced in each year to give effect to the financial proposals of the Government of India for the following financial year and includes a Bill to give effect to supplementary financial proposals for any period. It concerns the country’s finances – it could be about taxes, government expenditures, government borrowings, revenues, etc. There are different kinds of Finance Bills-the most important of them is the Money Bill. The Money Bill is concretely defined in Article 110.
- tribunal (noun) – panel, committee (set up to resolve some disputes particularly).
- electoral bond (noun) – an electoral bond is designed to be a bearer instrument like a Promissory Note — in effect, it will be similar to a bank note that is payable to the bearer on demand and free of interest. It can be purchased by any citizen of India or a body incorporated in India. it allows limitless, secret donations to political parties, including (and especially) by corporations.
- Foreign Contribution (Regulation) Amendment Act, 2020 (FCRA 2020) (noun) – An Act further to amend the Foreign Contribution (Regulation) Act, 2010. The FCRA regulates foreign donations and ensures that such contributions do not adversely affect internal security. First enacted in 1976, it was amended in 2010 when a slew of new measures were adopted to regulate foreign donations. The FCRA is applicable to all associations, groups and NGOs which intend to receive foreign donations.
- Life Insurance Corporation Act, 1956 (noun) – An Act to provide for the nationalisation of life insurance business in India by transferring all such business to a Corporation established for the purpose and to provide for the regulation and control of the business of the Corporation and for matters connected therewith or incidental thereto.
- bench (noun) – a court of law with a number of judges.
- interpretation (noun) – meaning, understanding, explanation, reading, definition.
- guide rail (noun) – something that directs the movement/positioning of something else.
- expenditure Budget (noun) – it provides complete information about the total expenditure of the Union government in a financial year.
- in line with (phrase) – in alignment with, in accordance with, conforming to.
- striking (adjective) – noticeable, obvious, evident, visible, distinct.
- Article 93 Constitution of India (noun) – Article 93 makes it obligatory upon the Lok Sabha to appoint a speaker and deputy speaker to conduct house proceedings.
- exception (noun) – an anomaly, special case, deviation.
- elapse (verb) – pass, go by, go past.
- show up (phrasal verb) – be conspicuous; be clearly visible.
- starkly (adverb) – clearly, distinctly, strikingly; completely.
- valedictory (adjective) – farewell.
- carry out (phrasal verb) – conduct, perform, execute.
- phenomenon (noun) – situation, circumstance.
- go on (phrasal verb) – continue, carry on, proceed.
- motion of no confidence (noun) – According to rule 198 of the Rules of Procedure and Conduct of the Lok Sabha, a no-confidence motion is “a motion expressing want of confidence in the Council of Ministers.” It’s a vote in which MPs from all parties decide whether they want the government to continue. It has the power to trigger a general election and could see a new prime minister appointed.
- representative body (noun) – (in this context) Parliament (with all of its elected members); it is voted for and elected by the electorate (people/voters).
- nuance (noun) – fine distinction, subtle difference/subtlety/nicety, subtle variation.
- implications (noun) – consequence/outcome, ramification, repercussion.
- provision (noun) – clause, requirement, condition.
- the way forward (phrase) – something (a plan/action) that leads to success in the future.
- imperative (adjective) – vitally important, crucial, critical, necessary, essential.
- in sum (phrase) – briefly, in a nutshell, to come to the point, in essence.
- proposal (noun) – scheme, plan, motion.
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 (Dormant Parliament, fading business) – Mar 27, 2021: