The Hindu Editorial Vocabulary 3rd July 2024

The Hindu Editorial Vocabulary 3rd July 2024 is an effective tool for learning new words and their contextual meanings regularly. Candidates can get this resource for free to improve their vocabulary knowledge preparing for government exams.

Hindu Editorial Vocab On India’s Infrastructure Sector Growth

Output data for May from the eight core infrastructure (the basic systems and services, such as transport and power supplies, that a country or organization uses in order to work effectively) sectors show broad industrial activity slowed under the onslaught of a heatwave that left homes, offices and factories countrywide using more power to run their fans and cooling systems. Only coal, to fuel the power plants, and electricity generation posted double-digit output growth, expanding by 10.2% and 12.8%, respectively, as per provisional (for the present time but likely to change) data on the Index of Eight Core Industries released by the Ministry of Commerce and Industry on June 28. And production in crude oil, fertilizers and cement shrank from their year-earlier levels, while output expansions decelerated (to reduce the speed that a vehicle is travelling at) in the remaining three sectors of natural gas, refinery products and steel. The heatwave’s impact on economic activity in May was particularly prominent (something that is in a prominent position can easily be seen or noticed) in India’s northern parts, as it forced afternoon breaks at construction sites and daily peak power demand at the Northern Regional Load Despatch Centre consistently hovered around or exceeded 75 gigawatts. Demand for cement and steel weakened as construction activity was understandably curbed by the temperatures, with both the key building materials also posting sequential declines in output. The year-on-year contraction in fertilizers for a fifth straight month in May is a cause for concern as it signals persisting (if an unpleasant feeling or situation persists, it continues to exist) weakness in the rural hinterland’s mainstay agriculture sector. A smart uptick in May’s index number for the farm input, from the revised reading for April, however, offers a glimmer of hope.

Official data for the core sector as well as the Index of Industrial Production, to which it contributes more than 40% weight, however, suffer from the infirmity (illness, especially for long periods or because of old age) of coming with a lag of more than a month. Meanwhile, the private sector, survey-based HSBC India Manufacturing Purchasing Managers’ Index (PMI) for June suggests that activity at factories rebounded last month from May’s heatwave-hit three-month low. June’s PMI reading of 58.3 was 0.8 percentage points higher than May’s 57.5, and, according to HSBC India, “comfortably above its long-run average”. The survey also indicates (to show, point, or make clear in another way) that manufacturers stepped up output and buying to meet buoyant demand, and stepped up hiring to the fastest pace “seen in more than 19 years of data collection”. However, both the job creation and demand were also accompanied by an intensification (the fact of becoming greater, more serious, or more extreme, or of making something do this) of increases in staff expenses and material and transportation costs that led to manufacturing companies raising their selling charges by the greatest extent in more than two years. The inflationary (causing price increases and inflation) trend, coupled with survey respondents’ overall confidence in future output sliding to a three-month low, signals the economy still faces speed bumps. Policymakers have a chance to use the upcoming Union Budget to make policy tweaks to help strengthen momentum (the quality that keeps an event developing or making progress after it has started) in the key industrial sectors.

Hindu Vocab Wordlist 3rd July 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary 3rd July 2024.

• Infrastructure: The basic systems and services, such as transport and power supplies, that a country or organization uses in order to work effectively.
• Provisional: For the present time but likely to change.
• Decelerated: To reduce the speed that a vehicle is travelling at.
• Prominent: Something that is in a prominent position can easily be seen or noticed.
• Persisting: If an unpleasant feeling or situation persists, it continues to exist.
• Infirmity: Illness, especially for long periods or because of old age.
• Indicates: To show, point, or make clear in another way.
• Intensification: The fact of becoming greater, more serious, or more extreme, or of making something do this.
• Inflationary: Causing price increases and inflation.
• Momentum: The quality that keeps an event developing or making progress after it has started.

Hindu Vocab Master 3rd July with Synonyms & Antonyms

Know synonyms and antonyms of difficult words in Hindu Vocab Master on 3rd July 2024.

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