Reduce cost of state borrowing

The Economic Times

Reduce cost of state borrowing
15,Apr,2020

10 words from this day's editorials with Hindi meaning

Read the words first, then the editorial: you will meet them in the text and remember them. Tap a word for its dictionary page.

Wield (verb)

Meaning- Have and be able to use (power or influence). उपयोग करना

Synonyms: Exercise, Exert, Hold, Maintain, Be in charge of, Control

Antonyms: Neglect, Ignore, Disregard, Avoid

Example: She wields enormous power within the party.

Disparage (verb)

Meaning- Regard or represent as being of little worth. नीचा दिखाना

Synonyms: Belittle, Denigrate, Deprecate, Derogate, Defame

Antonyms: Praise, Flatter, Commend, Laud

Example: He never missed an opportunity to disparage his competitors.

Surge (noun)

Meaning- A sudden large increase, typically a temporary one. बढ़ोतरी

Synonyms: Sudden Increase, Rise, Growth, Upswing, Boost, Escalation

Antonyms: Decrease, Decline, Reduction, Downswing

Example: She felt a sudden surge of anger.

Impasse (noun)

Meaning - A situation in which no progress is possible, especially because of disagreement. ऐसा स्थिति जहां से निकलने का मार्ग न हो

Synonyms: Deadlock, Stand-Off, Checkmate, Stalemate, Halt

Antonyms: Breakthrough, Solution, Progress, Development

Example: The proposal offered both sides a way out of the diplomatic impasse.

Juggle (verb)

Meaning- Cope with by adroitly balancing (several activities). एक साथ संभालना

Synonyms: Manage, Get by, Get along, Handle

Example: Working mothers are used to juggling their jobs, their children's needs and their housework.

Akin (adjective)

Meaning- Similar to something. समान गुण वाला

Synonyms: Similar, Related, Analogous, Cognate

Antonyms: Unrelated, Dissimilar, Unlike, Disconnected

Example: She was wearing something akin to a pineapple on her head.

Wistful (adjective)

Meaning- Having or showing a feeling of vague or regretful longing. विषादग्रस्त

Synonyms: Regretful, Nostalgic, Yearning, Longing, Pensive

Antonyms: Shallow, Uncaring, Detached, Thoughtless

Example: There was something rather wistful about the sad little tune.

Solace (noun)

Meaning- Comfort or consolation in a time of great distress or sadness. दिलासा

Synonyms: Cheer, Comfort, Consolation, Soothe, Relief

Antonyms: Distress, Trouble, Worry, Anguish

Example: His grandchildren were a solace in his old age.

Harrowing (adjective)

Meaning- Making you feel very upset because you are very shocked or frightened. शोकजनक

Synonyms: Painful, Distressing, Torturous, Disturbing, Agonizing

Antonyms: Pleasing, Gratifying, Calming, Bearable

Example: The book makes harrowing reading.

Rancour (noun)

Meaning- Bitterness or resentfulness, especially when long standing. द्वेष

Synonyms: Resentment, Malice, Animosity, Hostility, Spite

Antonyms: Amicability, Harmony, cordiality, Affability

Example: They divorced with remarkably little rancour.

The editorial

Source: The Economic Times · 15 Apr 2020

States need extra funds to tackle the Covid-19 pandemic but their borrowing costs have risen steeply. Nineteen states raised only ₹32,560 crore against a planned ₹37,500 crore in the first bond auction for the current fiscal, and yields surged with the highest borrowing rate of 8.96% paid by Kerala on its 15-year paper. This does not help. There are things that can be done, to ease matters. One, the Centre should pay, by borrowing more, if need be, compensation arrears to states for revenue lost while transiting to goods and services tax. Two, the Centre should exercise its ability to raise funds cheap and lend them on to the states. The practice had ended (save for some fiscally weak states) following the 12th Finance Commission’s recommendation against it.

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Quick quiz: 5 questions on these words

Synonyms and antonyms, the way exams ask them. Answers show as you tap.

1. Synonym of Surge

2. Antonym of Akin

3. Synonym of Impasse

4. Antonym of Rancour

5. Synonym of Wistful

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