The Hindu Editorial Vocabulary 21st January 2025 is an effective tool for regularly learning new words and their contextual meanings. Candidates can utilize this free resource daily to improve their vocabulary knowledge, especially those preparing for government exams like the IBPS PO, SBI Clerk, SSC, and Others.
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Private investments remain tentative amid growth concerns
Since the COVID-19 pandemic, the Centre has been using public capital expenditure (spending by the government on infrastructure) on infrastructure to pump prime the economic recovery. The mantra has been that infrastructure building will stoke demand for products such as cement and steel, generate jobs in construction, and together trigger a strong multiplier (an economic effect in which an increase in spending produces an increase in national income and consumption) effect on the economy, eventually creating conducive conditions for private investors to plan greenfield and brownfield projects. In Budget 2024-25, Finance Minister Nirmala Sitharaman said the government will endeavour (to try hard) to maintain strong fiscal support for infrastructure over the next five years, in conjunction (together with) with imperatives (urgent needs) of other priorities and fiscal consolidation (the process of reducing budget deficits). She announced ₹11.11 lakh crore of capex spends this year, amounting to 3.4% of GDP. That goal is unlikely to be attained (to achieve) partly due to spending curbs (restrictions) in the poll-affected first quarter. While industry has urged the Centre to continue the capex push in 2025-26 as well, it has failed to respond to the government’s constant nudges (gentle pushes) and persuasions (attempts to convince) to ramp up their own operations.
Data show that two of this year’s first three quarters have recorded a notable sequential (arranged in a series) decline in private investment plans, particularly by domestic industry. In Q1, private capex plans dropped to multi-year lows, and though the July-September quarter recorded a recovery in investment intentions, that uptick (increase) has dissipated (disappeared) in Q3. Projects Today data suggest domestic investments’ value dropped 1.4% from Q2, while new projects’ value dropped over 22% from a year ago as per the Centre for Monitoring Indian Economy. There are many factors playing on corporate risk-taking capacity (the ability to take financial risks) — weak Q2 results, global uncertainties, spiking (increasing rapidly) costs and waning (declining) demand in more lucrative urban markets. Going by current indications, including the early bird Q3 results, demand has not really improved, nor is there ostensible (apparent) pressure on factory capacities to warrant (justify) expansions. For a sustainable breakout from this slowdown, private capital should take the driving seat because there are limits to enhancing public capex while maintaining fiscal rectitude (moral integrity) and providing for myriad (many) welfare schemes. The government must accept that exhortations (strong urgings) to industry are unlikely to spur fresh outlays (expenses), and incentives focused on themes such as import-substitution are insufficient. Not one new rupee will be deployed if a project is unviable and demand flaky (unstable). Policy focus should remain firmly on ensuring the ground is ripe to instigate (to trigger or start) investments and easing the realization (making it happen) of such plans into billowing (expanding rapidly) chimneys and new jobs. For that, boosting incomes and consumption is critical as is expediting (speeding up) macro- and micro-level reforms. That an economic policy framework outlining next generation reforms, promised in the Budget, has not been heard of since then, is not very comforting.
Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 21st January 2025.
Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master Hindi equivalents for all the words for 21st January 2025:
Word | Synonyms | Antonyms |
Capex | expenditure, investment, spending, outlay | savings, profit, revenue, income |
Multiplier | accelerator, catalyst, magnifier, amplifier | dampener, reducer, inhibitor, restraint |
Endeavour | attempt, effort, try, venture | idleness, neglect, disregard, apathy |
Conjunction | combination, union, alliance, connection | separation, division, disjunction, disconnection |
Imperative | essential, crucial, urgent, necessary | optional, insignificant, unnecessary, trivial |
Consolidation | merging, unification, integration, strengthening | division, fragmentation, separation, disbandment |
Nudge | push, prod, poke, shove | pull, ignore, neglect, disregard |
Persuasion | influence, urging, encouragement, coaxing | coercion, force, intimidation, resistance |
Dissipate | squander, waste, disperse, dissolve | accumulate, gather, save, collect |
Rectitude | integrity, righteousness, morality, probity | corruption, dishonesty, immorality, wickedness |
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