The Hindu Editorial Vocabulary 5th August 2024

The Hindu Editorial Vocabulary 5th August 2024 is an effective tool for regularly learning new words and their contextual meanings. Candidates can get this resource for free to improve their vocabulary knowledge preparing for government exams.

Hindu Vocab On India’s Economic Growth Strategy 2024

Production in India’s eight core infrastructure (the basic structure of an organization or system which is necessary for its operation, esp. public water, energy, and systems for communication and transport) sectors remained largely dampened by the impact of a slowdown in state spending on public works in June, when the general election ended in the early part of the month leading to the formation of a new government at the Centre. The heatwaves that had impacted a wide range of economic activity in the country’s northern and western parts in May, extended into June, adding to the overall slowdown in industrial production. Provisional (for the present time but likely to change; temporary:) data on the Index of Eight Core Industries (ICI) released by the Commerce and Industry Ministry on July 31 show output in five of the sectors suffered either sharp decelerations (reduction in the speed at which something is moving) in growth or contracted from the year-earlier period, resulting in overall core sector growth slowing to a 20-month low of 4%. While the output of refinery products, which at 28% has the heaviest weight on the ICI, contracted year-on-year for the first time in five months, and shrank by 1.5%, electricity generation declined (to gradually become less, worse, or lower) by 3.6% from May’s all-time high level. The YoY expansion in the key electricity sector, which has the second-heaviest weight of about 20%, almost halved in pace to 7.7%, from May’s 13.7%, as the start of monsoon rains in some parts of the country helped ease power demand. However, June’s debilitating (making someone or something physically weak) heatwaves, which the India Meteorological Department pegged at a 14-year high, sapped demand for steel as construction activity struggled to regain traction amid the scorching temperatures. Steel output slid 4% from the preceding month, depressing the YoY growth to just 2.7% following May’s 6.8% pace. Coal offered the silver lining, as output growth accelerated to 14.8% in June, from May’s 10.2%.

The more contemporaneous private survey-based HSBC India Manufacturing Purchasing Managers’ Index (PMI) for July appears to signal that manufacturing activity at a broader level eased marginally (slightly) last month. Slightly softer increases in new orders and output resulted in July’s PMI easing to 58.1, from 58.3 in June, the survey of purchasing managers at about 400 manufacturers by S&P Global shows. However, more than the marginal slowing in manufacturing activity, the PMI survey’s truly disconcerting (making someone feel uncertain and uncomfortable or worried) finding is that a significant strengthening in input costs led manufacturers to raise selling prices at the steepest rate in almost 11 years. With goods producers reporting having paid more for coal, packaging, paper, rubber and steel, the outlook (The likely future situation) for broader inflation (a general, continuous increase in prices) — both at the wholesale and retail levels — is far from reassuring. The Reserve Bank of India’s Monetary (relating to the money in a country) Policy Committee, which will meet to review its interest rate stance this week, has its task cut out. With clear signs that price pressures are broadening beyond food, policymakers can ill-afford to drop their guard in the battle to tame inflation.

Hindu Vocab Wordlist 5th August 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 5th August 2024.

• Infrastructure: The basic structure of an organization or system that is necessary for its operation, esp. public water, energy, and systems for communication and transport
• Provisional: For the present time but likely to change; temporary
• Decelerations: Reduction in the speed at which something is moving
• Declined: To gradually become less, worse, or lower
• Debilitating: Making someone or something physically weak
• Marginally: Slightly
• Disconcerting: Making someone feel uncertain and uncomfortable or worried
• Outlook: The likely future situation
• Inflation: A general, continuous increase in prices
• Monetary: Relating to the money in a country

Hindu Vocab Master 5th August with Synonyms & Antonyms

Know synonyms and antonyms of difficult words in Hindu Vocab Master on 5th August 2024.

• Sign Up on Practicemock for Updated Current Affairs, Free Topic Tests and Free Mini Mocks
• Sign Up Here to Download Free Study Material