The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021

The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021

The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal,… For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021.

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Today’s Advanced Word List 1 for The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021:

  1. jump-start (verb) – to help/support something (which is dull at present) to improve quickly; energize, motivate, stimulate, inspire, galvanize.
  2. revival (noun) – improvement, rallying, picking up; re-establishment, reintroduction, restoration.
  3. reverse (verb) – change, alter.
  4. neglect (noun) – negligence, carelessness, heedlessness, lack of concern, laxity, irresponsibility.
  5. misstep (noun) – mistake, blunder, false step.
  6. indicator (noun) – measure, signal, sign.
  7. resilience (noun) – the ability to bounce back quickly from difficulties; strength of character, strength, toughness.
  8. 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.
  9. recede (verb) – diminish, lessen, decrease.
  10. get back (phrasal verb) – return, go back; recoup, reclaim, recover, regain.
  11. ease (verb) – decrease, lessen, reduce, lower.
  12. impose (verb) – force, thrust, inflict (an unwelcome decision/ruling).
  13. 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.
  14. far more (phrase) – a lot more, much more.
  15. National Statistical Office (NSO) (noun) – The Ministry of Statistics and the Department of Programme Implementation has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing called the National Statistical Office (NSO) gives considerable importance to coverage and quality aspects of statistics released in the country. The statistics released are based on administrative sources, surveys and censuses conducted by the Center and State Governments and non-official sources and studies.
  16. 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 services.
  17. fiscal year (noun) – financial year.
  18. expectation (noun) – calculation, prediction, forecast, projection.
  19. gross (adjective) – flagrant, overt, blatant, glaring, obvious/evident; complete.
  20. underestimate (verb) – a rough calculation (that is too low); underestimation.
  21. given (preposition) – considering, taking into account, bearing in mind.
  22. distress (noun) – difficulty, trouble, hardship.
  23. unorganised sector/workforce (noun) – unorganized sector means an enterprise owned by individuals or self-employed workers and engaged in the production or sale of goods or providing service of any kind whatsoever, and where the enterprise employs workers, the number of such workers is less than ten.
  24. novel coronavirus (nCoV) (SARS-CoV-2) (noun) – a new strain (type/variety) coronavirus that has not been previously identified in humans. (Courtesy: WHO)
  25. hit (verb) – affect badly, damage, have a negative impact on.
  26. decelerate (verb) – slow down, reduce, lessen, slow up.
  27. slowdown (noun) – economic decline, recession, slump/depression.
  28. as far as – is concerned (phrase) – with regard to a particular person or situation.
  29. come at a cost/price (phrase) – to have a negative consequence.
  30. household (noun) – family, house.
  31. fragile (adjective) – delicate, shaky, weak, vulnerable, insecure.
  32. mishandling (noun) – mismanagement.
  33. certainly (adverb) – surely, definitely, unquestionably.
  34. hit (verb) – affect badly, damage, have a negative impact on.
  35. revive (verb) – reintroduce, re-establish, regenerate, reinstitute, bring back.
  36. monetary policy (noun) – monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply, and availability of credit with a view to achieving the ultimate objective of economic policy mentioned in the Reserve Bank of India Act, 1934.
  37. monetary policy framework (noun) – The amended RBI Act explicitly provides the legislative mandate to the Reserve Bank to operate the monetary policy framework of the country. The framework aims at setting the policy (repo) rate based on an assessment of the current and evolving macroeconomic situation; and modulation (change/variation) of liquidity conditions to anchor money market rates at or around the repo rate. 
  38. enterprise (noun) – business, company, firm.
  39. bear the brunt (phrase) – to suffer or endure the worst part of something (force/burden/pressure) when a very bad or unpleasant thing happens.
  40. driver (noun) – a factor which produces a specific thing to happen.
  41. refuge (noun) – place of shelter, shelter, place of safety, safe haven.
  42. migrant (noun) – a person who moves from one region to another – either within a country or across national borders in order to find work or better living conditions.
  43. metropolitan (noun) – a region consisting of a densely populated urban core and its less-populated surrounding territories, sharing industry, infrastructure, and housing.
  44. gross value added (GVA) (noun) – it is a measure of total output and income in the economy. It provides the rupee value for the amount of goods and services produced in an economy after deducting the cost of inputs and raw materials that have gone into the production of those goods and services. It also gives a sector-specific picture like what is the growth in an area, industry, or sector of an economy. On the other hand, GDP or gross domestic product is a measure of economic activity in a country. It is the total value of a country’s annual output of goods and services. 
  45. sustain (verb) – support, give strength to, prop up, keep up, bolster up.
  46. saviour (noun) – someone/something saving (people) from danger/difficulty; rescuer, liberator, deliverer.
  47. consistently (adverb) – always, each time, invariably.
  48. as a whole (phrase) – all together, in general.
  49. unlikely (adjective) – doubtful, implausible, improbable, questionable.
  50. context (noun) – circumstances, conditions, situation.
  51. calamity (noun) – disaster, catastrophe, crisis, tragedy.
  52. drought (noun) – lack, unavailability, deficiency; dry spell, dry period.
  53. high-frequency indicators (HFIs) (noun) – high-frequency indicators (HFIs) of India’s Economic Recovery enable a meaningful and real-time analysis of patterns of economic recovery. The HFIs provide a range of data on multiple aspects of the economy, including fertilizer sales, trade in agricultural commodities, registration of new businesses, registration of different types of vehicles, digital transactions and payments and demand for wage labour under MGNREGA.
  54. artefact (noun) – statistical analysis/experiment of something.
  55. inference (noun) – conclusion, reasoning, conjecture, speculation, assumption.
  56. aggregate (noun) – total, sum, gross.
  57. devastation (noun) – destruction, damage, havoc/wreckage.
  58. catastrophe (noun) – disaster, mishap, crisis.
  59. bring out (phrasal verb) – highlight, emphasize, give prominence to, underline.
  60. disproportionately (adverb) – inordinately, immoderately, excessively.
  61. in terms of (phrase) – with regard to, regarding/concerning, in connection with.
  62. livelihood (noun) – means of making a living with the basic necessities (food, water, shelter and clothing); means of support, subsistence, source of income.
  63. indebtedness (noun) – liabilities, liability, financial obligation, arrears; (an obligation pay money to another party).
  64. commensurate (adjective) – equivalent, equal, corresponding, comparable, proportionate, proportional; consistent with, according to.
  65. Mahatma Gandhi National Rural Employment Guarantee Act/Scheme (MGNREGA), 2005 (noun) – an Indian labour law and social security measure that aims to guarantee the ‘right to work’. It aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
  66. person-day (noun) – (in accountancy) a unit of measurement based on an ideal amount of work done by one person in one working day.
  67. pulses (noun) – pulses are the term used for edible dry peas, beans, lentils, and chickpeas &, etc.
  68. vulnerable (adjective) – relating to a weak/neglected person who is in need of special care/support/protection; ill-protected, easily affected by, prone to, at risk of.
  69. stagnate (verb) – be sluggish, languish, decline, deteriorate, fall.
  70. cereal (noun) – food grains (rice, wheat, millet, maize &, etc.).
  71. account for (phrasal verb) – constitute, comprise, form, represent.
  72. crop (noun) – a plant that can be grown and harvested extensively for profit or subsistence.
  73. year-on-year (adjective) – year over year (for comparison).
  74. reflect (verb) – indicate, show, demonstrate, exhibit.
  75. inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
  76. peculiar (adjective) – distinctive, unique, distinct, natural.
  77. dominant (adjective) – main, most important/prominent.
  78. purchasing power (noun) – the ability to buy something (goods/services).
  79. compound (verb) – aggravate, worsen, intensify, make worse.
  80. strain (noun) – pressure, stressdemand/burden.
  81. add to (phrasal verb) – increase, amplify, intensify.
  82. misery (noun) – pain, grief, anguish, agony, distress, torment, suffering.
  83. setback (noun) – problem, difficulty, issue.
  84. proactive (adjective) – aggressive, intense.
  85. intervention (noun) – the process of intervening in something; involvement, interference.
  86. speed up (phrasal verb) – expedite, hurry up, accelerate, step up.
  87. vaccination (noun) – treatment with a vaccine to protect against a particular disease; immunization.
  88. lag behind (verb) – trail, straggle, fall behind, move slowly.
  89. subsidy (noun) – also called subvention; a financial contribution granted to help an industry or business, mostly given by a government, in order to keep the price of service/goods at a low level.
  90. 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.

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 purposes only and they may vary in a 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 (The rural economy can jump-start a revival) – Jun 25, 2021:

The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021
The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021
The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021
The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021
The Hindu Lead Article (The rural economy can jump-start a revival) – Jun 25, 2021

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