The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020

The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020

The Indian economy is going through a severe crisis: a slowdown as well as a structural crisis. For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020.

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This preview is provided here with permission.  

Courtesy: The Hindu

Today’s Advanced Word List 1 for The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020:

  1. fashion (verb) – create, make, build/construct.
  2. framework (noun) – structure, scheme, system.
  3. inclusive growth (IG) (noun) – growth that benefits everyone; Inclusive growth is economic growth that is distributed fairly across society and creates opportunities for all. It creates employment opportunities for all and helps in reducing poverty.
  4. prosperity (noun) – success, comfort, good fortune, well being.
  5. go through (phrasal verb) – undergo, suffer, experience, be subjected to.
  6. slowdown (noun) – economic decline, recession, slump/depression.
  7. Gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
  8. go down (phrasal verb) – decrease, drop, decline.
  9. so far (phrase) – until now, up to the present, up to this point.
  10. in absolute terms (phrase) – expressed as a fixed (amount) rather than not compared with other things.
  11. in turn (phrase) – in succession, successively, sequentially, one after another.
  12. 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.
  13. non-banking financial company (NBFC) (noun) – a company incorporated under the Companies Act 2013 or 1956 which is engaged in the business of loans and advances, acquisition of stocks, equities, debt etc issued by the government or any local authority. The main objective of this type of a company is to accept deposits under any scheme or manner.
  14. current account deficit (CAD) (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
  15. financial stability (noun) – financial stability is a condition where the financial system is able to withstand internal or external economic shocks and also able to smoothly conduct its core tasks.
  16. unlikely (adjective) – questionable, unconvincing; doubtful, unexpected.
  17. adverse (adjective) – unfavourable, disadvantageous, bad.
  18. incidence (noun) – occurrence, prevalence, commonness.
  19. absolute poverty (noun) – a condition where a person does not have the minimum amount of income needed to meet the minimum requirements for one or more basic living needs over an extended period of time.
  20. multi-dimensional (adjective) – involving several dimensions (aspects/features).
  21. Credit Suisse (noun) – a leading financial services company, advising clients in all aspects of finance, across the globe and around the clock.
  22. malnourished (adjective) – suffering from malnutrition (under nutrition, poor/unhealthy/inadequate diet).
  23. literacy (noun) – the ability to read and write.
  24. illiterate (adjective) – uneducated, unlearned, unlettered.
  25. by leaps and bounds (phrase) – rapidly, swiftly, quickly, speedily.
  26. depend on (verb) – be based on, rely on, be conditional on.
  27. no more (phrase) – neither.
  28. feasible (adjective) – practicable, viable, realistic.
  29. sub-optimal (adjective) – below the highest standard/level/quality.
  30. marginalise (verb) – treat as insignificant, treat as unimportant, neglected.
  31. deprive of (verb) – dispossess, strip of, deny, prevent from having.
  32. beneficiary (noun) – recipient, receiver, assignee.
  33. grant (noun) – allowance, allocation, allotment, contribution.
  34. potential (noun) – potentiality, capability, ability.
  35. morbidity (noun) – (in a specific population) the rate of disease/illness.
  36. incapable of (adjective) – unable to, unskilful, lacking ability.
  37. optimal (adjective) – ideal, perfect, greatest/incomparable, optimum.
  38. all-encompassing (adjective) – comprehensive, all-inclusive, complete.
  39. sustainable (adjective) – acceptable, trustworthy, reliable.
  40. oblige (verb) – require, compel, bind/force.
  41. to start with (phrase) – at first, at the beginning, at the start.
  42. make up (phrasal verb) – comprise, constitute, form.
  43. trigger (verb) – give rise to, bring about, prompt.
  44. cycle (noun) – series, sequence, succession.
  45. mainstream (adjective) – accepted/established/recognized something by most people as a normal/conventional.
  46. equitable (adjective) – fair, impartial.
  47. implications (noun) – consequence/outcome, ramification, repercussion.
  48. facilitate (verb) – make easier, make possible; assist, help, aid.
  49. credit flow (noun) – availability of credit.
  50. crony capitalism (noun) – it is a term describing an economy in which success in business depends on close relationships between business people and government officials.
  51. incentive (noun) – stimulus, impetus, boost.
  52. concession (noun) – grant of privilege; favour, allowance, exception.
  53. percolate (verb) – spread gradually, be disseminated, pass/go slowly (through a group of people).
  54. radically (adverb) – completely, thoroughly, entirely.
  55. the marginalised (noun) – people who are treated as insignificant, treated as unimportant, neglected.
  56. unholy (adjective) – unnatural, discordant, incompatible, unusual.
  57. sound (adjective) – valid, reasonable, logical, convincing, credible.
  58. fiscal deficit (noun) – the difference between total expenditure and total income of the government.
  59. macroeconomics (noun) – the branch of economics concerned with large-scale factors (interest rates/national productivity).

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 (Fashioning the framework of a New India) – Feb 06, 2020:

The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020 The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020 The Hindu Lead Article (Fashioning the framework of a New India) – Feb 06, 2020

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