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 The Hindu newspaper which are important for the all upcoming competitive exams. Add some more words to your English vocabulary words list.
TOPIC – Sweating the small stuff
The GST Council, which met last Friday, could not live up to the expectations of some meaningful relief from the disastrous second wave of the pandemic. The measures unveiled were insipid, be it for the common man hoping to survive while keeping fingers crossed for a vaccination slot or a hospital bed, or businesses hurting from lockdowns, and States grappling with a cash crunch amid a scramble to purchase vaccines. Finance Minister Nirmala Sitharaman announced an elaborate amnesty scheme for small firms pending GST returns, lowered the interest levied on late payments for recent months, and extended several compliance timelines. But there is little respite for businesses with turnover of over ₹ 5 crore, and industry is underwhelmed. No discussion occurred on bringing fuels under GST, despite the Centre’s noises to that effect amid runaway petrol prices. Taxes on COVID essentials remain unchanged, despite States and industry pressing for waivers. Ms. Sitharaman said the subject dominated deliberations but ‘varying viewpoints’ compelled her to let a Group of Ministers pore over possibilities of rate cuts. The GoM has to report back by June 8, but the Council, constitutionally empowered to recommend special rates during a disaster, would still have to concur. Thus, no immediate relief can be expected. Opposition States allege that NDAruled States’ representatives in the Council opposed waiving vociferously the GST on COVID vaccines and drugs. Tax mavens have mooted ways to implement such cuts, so it is unfortunate that the Centre, usually so conscious of optics, came to the table with little to offer. GST breaks offered on free COVIDrelated imports from abroad for donation to Stateapproved entities, were extended to material imported on a payment basis as well. It is not clear why this had to wait for the Council — BJPruled Gujarat and Haryana have already offered GST refunds on such imports. A ₹1.58lakh crore borrowing plan may quell States’ concerns about immediate compensation dues, but larger schisms are apparent that could fray the Council’s functioning further after recent acrimonious parleys. Sikkim, for instance, has demanded that it be allowed to levy its own cess to cope with falling revenues, a demand that has been backed by others, including Tamil Nadu and Arunachal Pradesh. This could virtually derail the very edifice of GST subsuming all local levies, even as States now want to be recompensed beyond next year. The Centre, facing flak for its handling of the second wave, could do with a more responsive approach. Winning an intellectual or ideological battle over taxes on COVID essentials is meaningless at this precarious time, when each day’s delay in providing relief hurts thousands. Small gestures with limited revenue implications would give the Centre more room to strike common ground with States on the challenges that loom over the GST regime.
The Hindu Editorial Words with meanings, synonyms, and antonyms
Unveil (verb) – To show something new to the public for the first time
Synonyms – reveal, expose, divulge, exhibit, demonstrate
Antonyms – conceal, hide, bury, camouflage, dissemble
Insipid (adjective) – Having too little taste, flavour or colour
Synonyms – bland, flat, vapid, jejune, tasteless
Antonyms – delicious, savory, piquant, delectable, exhilarating
Amnesty (noun) – A period during which offenders are exempt from punishment
Synonyms – pardon, reprieve, exoneration, acquittal, vindication
Antonyms – punishment, condemnation, castigate, abhorrence
Concur (verb) – To agree
Synonyms – coincide, accord, correspond, assent, acquiesce
Antonyms – dissent, squabble, diverge, resist, collide
Vociferously (adverb) – Expressing your opinions or feelings in a loud
Synonyms – blatantly, vehemently, audibly, stridently,
Antonyms – peacefully, tranquility, airily, blandly, covertly
Quell (verb) – Crush completely
Synonyms – subdue, suppress, quash, appease, conquer
Antonyms – flabbergast, encourage, agitate, provoke
Fray (noun) – A noisy fight
Synonyms – brawl, affray, chafe, fret, riot
Antonyms – harmony, agreement, humor, tranquility, accord
Acrimonious (adjective) – Angry and bitter
Synonyms – caustic, acerbic, sarcastic, rancorous, virulent
Antonyms – sympathetic, pleasant, adorable, amicable
Flak (noun) – Criticism
Synonyms – criticism, censure, disapproval, hostility, obloquy
Antonyms – praise, compliment, consensus, commendation
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