The Hindu Editorial Vocabulary – Set 101

The Hindu Editorial Vocabulary Words with Meanings for various Exams: SBI PO/Clerk, IBPS PO/Clerk, RRB, RBI, LIC, NABARD, SEBI, SSC, UPSC, IPPB, etc.

We are providing vocabulary words from the Editorial articles in The Hindu newspaper which is important for all the upcoming competitive exams. Add some more words to your English vocabulary words list.

 

TOPIC – A delayed intervention

After much delay, the Government has notified the rules and rates based on which exporters can claim rebates on taxes paid on their out bound cargo. That it took nearly eight months to come up with these critical details after the scheme promising such rebates kicked in has meant that exporters have had to conjure up additional working capital to the extent of taxes paid but not refunded during this period. A new scheme was necessitated to replace the erstwhile merchandise exports incentive scheme after the WTO dispute settlement body held it was not compliant with the multilateral trade watchdog’s norms. The Government is confident that the new scheme, Remission of Duties and Taxes on Exported Products (Ro DTEP), and effective from January 1, is WTO compliant. Covering 8,555 tariff lines, or roughly 65% of India’s exports, the remission rates now notified, range from 0.5% to 4.3% of the Freight On Board value of outbound consignments. For some goods, there is a cap on the value of the exported items. Steel, pharmaceuticals and chemicals have been excluded from the Ro DTEP. Some sectors are concerned about the rates being lower than expected, while engineering firms are worried that taxes on key raw materials are not adequately offset. Fine tuning may be needed, but a vacuum has been plugged at last. There can be no doubt that Prime Minister Narendra Modi’s call to scale up exports to $400 billion this year helped expedite the disentangling of inter ministerial red tape over the Ro DTEP scheme. A new foreign trade policy, a couple of smaller export related schemes and a mechanism to fork out the last two years’ pending dues under the earlier export incentive programmed are expected by September. This urgency must not be lost. Having opted out of RCEP, India is looking to reignite free trade pact negotiations with Australia, the U.K., the EU and the U.S. The global economy is on the cusp of one of its strongest rebounds as COVID19 vaccination drives cross a tipping point in many advanced economies. As they look to go beyond China to service domestic consumption demand, India needs to aggressively step up to the opportunity. Although the second wave’s damage on the economy is less severe than the wreckage from last year’s national lockdown, domestic recovery is still feeble and uneven. Consumption may see some pullback on pent up demand as well as the impending festive season, but its sustainability is fragile. Till that firm up, private investments are unlikely to take off. That leaves public capital spending and exports as the two growth engines with feasible firepower to aid the recovery momentum. There is no time to dither on either of these fronts.

The Hindu Editorial Words with meanings, synonyms, and antonyms

Conjure (verb) – Ask for or request earnestly

Synonyms – Beseech, adjure, conspire, supplicate, impetrate

Antonyms – Drowse, debauch, oscillate, relegate, scorn

 

Compliant (adjective) – Disposed or willing to comply

Synonyms – Tractable, pliant, amenable, docile, malleable

Antonyms – Adamant, defiant, obstinate, rebellious, contumacious

 

Expedite (verb) – Speed up the progress of

Synonyms – Precipitate, hastening, stimulate, catalyze, dispatched

Antonyms – Impede, cease, decelerate, baulk, retard

 

Disentangling (verb) – Free from something that they are entangled with

Synonyms – Unravel, extricate, deliverance, unfettering, emancipation

Antonyms – Entwining, knotting, muddling, snarling, twisting

 

Reignite (verb) – As of something burning

Synonyms – Rekindle, resuscitate, erupt, fuelling, reinvigorate

Antonyms – Abate, inhibit, sedate, subdue, soothe

 

Cusp (noun) – A sharp and rigid point

Synonyms – Leaflet, prong, mucronation, acicula, acumination

Antonyms – Indentation, nadir, trough, dimple, beginning

 

Wreckage (noun) – The remaining parts of something that has been wrecked

Synonyms – Debris, rubble, flotsam, remnants, detritus

Antonyms – Deliverance, contrive, salvation, naissance, vindication

 

Impending (adjective) – Close in time

Synonyms – Imminent, looming, menacing, brewing, inevitable

Antonyms – Improbable, bygone, abstracted, bleak, chimerical

 

Fragile (adjective) – Easily broken or damaged or destroyed

Synonyms – Flimsy, brittle, tenuous, decrepit, dainty

Antonyms – Sturdy, robust, stout, vigorous, salubrious

 

Feasible (adjective) – Capable of being done

Synonyms – Conceivable, plausible, tenable, accomplishable, worthwhile

Antonyms – Dreadful, implausible, awkward, futile, improbable

 

Dither (noun) – An excited state of agitation

Synonyms – Vacillate, pother, tizzy, fluster, stew

Antonyms – Barrel, beetle, boogie, dart, chase

 

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