The Hindu Editorial Vocabulary 9th January 2025

The Hindu Editorial Vocabulary 9th 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.

Go ahead and start building your vocabulary power

Growth chill: On the economy

The economy’s sputtering engines necessitate urgent fiscal actions

The National Statistics Office (NSO) has confirmed emerging fears about the economy’s evidently sluggish trajectory ( slow movement or progress ) through this year in its first Gross Domestic Product (GDP) estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter (Q2) was marred ( damaged or spoiled ) by weak demand and still underwhelming ( disappointing or below expectations ) public capex ( capital expenditure: funds used by the government for infrastructure ), dragging GDP growth to a seven-quarter low of 5.4%. The Centre and the Reserve Bank of India (RBI), which were projecting that India would log ( record or achieve ) a fourth year of 7%-plus growth, had pared ( reduced or decreased ) their hopes to ‘about 6.5%’ and 6.6%, respectively. This was predicated ( based or relied upon ) on a bump-up ( increase or rise ) of about 7% in the second half of the year to offset the first half’s 6% rise. The NSO, slightly less sanguine ( optimistic or hopeful ), expects GDP to grow at a four-year low pace of 6.4%, from 8.2% in 2023-24, with just agriculture seen rising significantly faster than last year. Manufacturing and mining growth may virtually halve ( reduce to half ), and though services sectors seem relatively better off, there is some concern of momentum ( strength or energy of growth ) loss. Purchasing Managers’ Indices averaged lower than Q2 through Q3, for both manufacturing and services. The NSO expects private consumption to rebound ( recover or bounce back ) 7.3% this year from just 4% last year. But Q3 trends do not indicate a significant lift-off ( take-off or rapid increase ) in urban demand. So, this could be a tad ( slightly ) optimistic despite inflation easing slightly since October.

The Finance Ministry has sought to link the demand slowdown to a “combination of monetary policy stance ( approach or position ) and macroprudential ( related to large-scale economic or financial system rules ) measures by the central bank”. Slow wage growth has also been blamed for cramped ( limited or restricted ) household demand. The NSO’s projection of gross fixed capital formation growth slipping ( declining or falling ) to 6.4% this year from 9% in 2023-24 indicates that private capex — that is contingent ( dependent on ) on domestic and global demand — remains weak while public capex goals are unlikely to be met. Of course, these early NSO projections are largely conjured up ( created or imagined ) for informing the Union Budget formulation, and some upgrades may happen later, but most economists see significant downside ( negative or harmful ) risks for now. Nomura economists, for instance, who have been arguing that India is in the grip ( control or influence ) of a cyclical ( relating to recurring trends ) slowdown for a while, reckon ( believe or estimate ) growth will end up around 6%, implying a flat-lined ( stagnant or stable with no growth ) second half. With the global outlook also shrouded ( covered or obscured ) in uncertainty, winter seems to be here for India’s economy. How far behind spring lags ( delays or slows down ) will depend on policymakers’ actions, and inactions. The Union Budget 2025-26 needs to move from incremental ( gradual or small-scale ) tinkering ( adjustments or changes ) to tailoring ( customizing or adapting ) reforms and fiscal actions that can bring India’s growth back to the 7% mark, if not 8%, at the earliest. If that entails ( involves or requires ) some hard calls such as slashing ( cutting drastically ) income, fuel and consumption taxes, along with import tariffs, so be it. Just pining ( longing or yearning ) for interest rate cuts will not suffice ( be adequate or enough ) anymore.

Hindu Vocab Wordlist 9th January 2025

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 9th January 2025.

1. Trajectory: The curved path of something that has been fired, thrown, or propelled.
2. Marred: To spoil something or make it less good.
3. Underwhelming : Failing to make you feel excited or impressed.
4. Par: To reduce or decrease something.
5. Predicated: To base something on a particular idea or belief.
6. Sanguine: Optimistic or positive, especially in a difficult situation.
7. Halve: To reduce something by half.
8. Momentum (noun)
   The force or speed with which something moves.
9. Rebound: To increase, improve, or return to a previous good condition after a period of difficulty.
10. Conjured up: To make something appear, especially when it is not real.

Hindu Vocab Master 9th January 2025 with Synonyms & Antonyms

Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master Hindi equivalents for all the words for 9th January 2025:

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