16 July, 2020 | Editorial with Vocabulary : 106

The Hindu Editorial with Vocabulary

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“The Hindu Vocabulary PDF Download 2020” के इस Blog में, हम Hindu Editorials से लिए गए कठिन शब्दों की सूची, meanings, synonyms, antonyms और शब्दों के सही उपयोग के साथ आए हैं। इसे बेहतर समझने के लिए साथ पढ़ें। 

Inflation alert: On rising prices

Rising prices despite the depressed demand is cause for disquiet

The last thing that India’s pandemic-hit economy needs is accelerating inflation. And, yet, that is precisely what the latest data point to. June’s retail inflation reading of 6.1% is worrying, particularly since it was the first month when the economy reopened from the crippling lockdowns of the preceding two months. While the disruptions caused to the supply of goods and services as a result of the nationwide shutdown can to an extent explain the acceleration in price gains, that this happened despite depressed demand is cause for disquiet. A closer look at the Consumer Price Index reveals that prices in the food and beverages group rose an average 7.3% year-on-year, with the key protein sources of pulses and products surging 16.7%, meat and fish climbing 16.2%, and milk and its derivatives rising 8.4%. Inflation in the food category would have been much faster but for vegetables and fruits moderating the gains as anxious growers likely sold the perishables at distress rates resulting in fruits showing a 0.7% deflation and vegetables posting a marginal 1.9% gain. Transport and communication, which includes petrol and diesel, also posted a 7.1% jump. The recent sustained increase in fuel prices is expected to feed through into higher costs for transporting farm produce and it is therefore hard to envisage food prices softening, at least in the near term.

The rapid and timely onset of the monsoon in June, with higher rainfall, does offer some reassurance. If the rains sustain the early momentum and cover the key agrarian heartland adequately, the prospects for a bountiful harvest and a resultant moderation in food prices later in the year are bright. Still, for now, vegetable prices are reported to be surging and providers of goods and services are exploring ways to insulate their businesses financially from the weak demand. Steel companies recently announced they were raising prices in response to rising costs related to iron ore and the COVID-19 pandemic. Researcher IHS Markit’s latest India Business Outlook survey released on Monday paints a dismal picture with sentiment having turned negative in June for the first time in the 11 years since it began polling businesses in the country, and firms reporting a steep drop in confidence. Significantly, the survey shows that while employers are set to cut jobs to cope with faltering demand, companies also plan to raise selling prices over the next 12 months to protect profitability. With inflation already above the RBI’s 6% target upper bound, monetary policy makers face an unenviable choice. A further rate cut to help revive economic momentum risks fanning faster price gains and putting the economy on a path to stagflation.

Editorial with Vocabulary

Inflation- a general increase in prices and fall in the purchasing value of money.

"policies aimed at controlling inflation"

Crippling (adjective) : (विकलांग बनाना) causing a person to become unable to walk or move properly.

"a crippling disease"

Synonyms: Disabling, incapacitating, laming, maiming, mutilating

Antonyms: Curing, healing, rehabilitating, remedying,  doctoring, fixing, mending, patching

Depressed- (adjective) : (उदास) (of a person) in a state of unhappiness or despondency.

"she felt lonely and depressed"

Synonyms: bad, blue, brokenhearted, cast down, crestfallen, dejected, despondent, disconsolate

Antonyms: ecstatic, elated, enraptured, entranced, euphoric, exhilarated, exuberant, exultant

Disquiet (noun) : (परेशानी) a feeling of worry or unease.

"public disquiet about animal testing"

Synonyms: ferment, fermentation, restiveness, restlessness, Sturm und Drang, turmoil, uneasiness, unquietness, unrest

Near Antonyms: order, orderliness

Perishables (noun) : (नष्ट होनेवाला) things, especially foodstuffs, likely to decay or go bad quickly.

"the shipment was delivered eventually though some of the perishables had gone off"

Synonyms: no-hardy, resistless, susceptible, unresisting, vulnerable, yielding

Antonyms: non-perishable, durable, firm, flinty, hard, hardy, resistant, robust, rugged,

Envisage (verb) : (सामना करना) contemplate or conceive of as a possibility or a desirable future event.

"the Rome Treaty envisaged free movement across frontiers"

Synonyms: conceit [chiefly dialect], conceive, conjure (up), dream, envision, fancy, fantasize, fantasy, feature,

Reassurance (noun) : (समझाना, आश्वासन, यक़ीन दिलाना) the action of removing someone's doubts or fears.

"children need reassurance and praise"

Synonyms: comforting, consolation, consoling, solace, solacing

Adequately (adverb) : (पर्याप्त रूप से) to a satisfactory or acceptable extent.

"the resources required to prepare adequately will be extensive"

Synonyms: acceptably, all right, alright, creditably, decently, fine, good

Near Antonyms: unbearably, inappropriately, incorrectly, indecently, unsuitable

Bountiful (adjective) : (भरपूर, प्रचुर) large in quantity; abundant.

"the ocean provided a bountiful supply of fresh food"

Synonyms: abundant, ample, aplenty, bounteous, comfortable, cornucopian, galore, generous, liberal, plenteous, plentiful, plenty

Near Antonyms: deficient, inadequate, insufficient, lacking,

Stagflation (noun) : (मुद्रास्फीतिजनित मंदी)  Stagflation refers to an economy that is experiencing a simultaneous increase in inflation and stagnation of economic output. Stagflation was first recognized during the 1970's, where many developed economies experienced rapid inflation and high unemployment as a result of an oil shock.

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