THE HINDU EDITORIAL : DECEMBER 4, 2018
THE HINDU EDITORIAL : DECEMBER 4, 2018
Dear Banking Aspirants,
THE HINDU EDITORIAL – December 4, 2018, is one of the must-read section for the competitive exams like IBPS Clerk 2018, Canara Bank PO – PGDBF 2018 and IBPS SO 2018. These topics are widely expected to be asked in the reading comprehension, Cloze Test or Error Detection in the forthcoming exams. So gear up your Exam preparation and learn new words daily.
A) Uneasy fields: on Kisan Mukti Morcha
In order to address farmers’ distress, the entire agricultural chain needs a reboot
Last week, tens of thousands of farmers reached Delhi for a two-day Kisan Mukti Morcha and held the country’s attention. They sought a special 21-day Parliament session to discuss the crisis in India’s agrarian economy. Their key demands included an unqualified loan waiver to mitigate indebtedness levels in farm households and better remuneration for their produce instead of promises on paper of high minimum support prices. These broad demands sum up the precarious livelihood of a majority of farmers who work on small, fragmented land holdings. This is certainly not the first distress call from the farm sector to Parliament and policymakers; several such stirs have taken place across States over the past year alone. In March, when around 30,000 farmers and tribals from Maharashtra walked for days to Mumbai, they drew appreciation for their restrained conduct compared to the usually unruly protesters. And, they secured assurances from Chief Minister Devendra Fadnavis of tangible action on their demands over the next six months. Finding little movement on those promises, many of those who had marched to Mumbai joined the rally in Delhi, which was by far the biggest such gathering. Galvanised by the All India Kisan Sangharsh Coordination Committee, it reportedly had participation from 200-plus organisations, with farmers from 24 States.
With rural distress palpable, elections for five State Assemblies under way, and the Lok Sabha election just about six months later, farmers’ issues are bound to further dominate politics. Official data released last Friday show that the agriculture sector clocked a growth of just 3.8% (on a gross value added basis) in the second quarter of this fiscal, compared to the 5.3% recorded in the preceding quarter. To put that in perspective, farm sector output was growing strongly in the first three quarters of 2016-17, before imploding in the aftermath of the demonetisation exercise. The latest number suggests that the semblance of recovery seen in the previous two quarters has dimmed too. The government has done an about-turn on its responses to a parliamentary panel that farmers were hit hard by the note ban, and sought to reassure farmers by reiterating its own initiatives for the sector. The Opposition, in turn, is using the farmers’ platform to take jibes at the BJP-led government at the Centre and in many States. Unfortunately, neither has focussed on the big picture strategy needed to reboot India’s hugely state-controlled farm sector. The Centre exhibits an aversion to inconvenient facts. And the Opposition’s attempts to tap into their angst with breezy promises of loan waivers (with both the Congress and the Telangana Rashtra Samithi promising them in State election pitches) that over-simplify the crisis. Farmers are not just vote banks, but also critical economic actors who aspire to live without handouts. Till that is clearly recognised, paying lip service to the humble farmer will continue to distort the discourse.
B) Tariff truce: On U.S.-China trade war
U.S. and China must use the next 90 days to close the trade war in a way that benefits both
The global trade war has come to a welcome pause. On the sidelines of the G20 meeting in Buenos Aires over the weekend, the U.S. and Chinese Presidents, Donald Trump and Xi Jinping, agreed to a 90-day truce. The two countries will try to find an amicable solution to the various problems plaguing bilateral trade relations, such as disputes over intellectual property rights and Chinese state support for domestic industries, through talks over the next three months. Meanwhile, the U.S. will refrain from raising the tariff on Chinese goods worth $200 billion from the current rate of 10% to 25% on January 1, 2019, as planned. In return, according to the White House, China will purchase agricultural and other goods from the U.S. in order to reduce the trade imbalance between the two countries. If talks fail, however, increased tariff rates are scheduled to come into force immediately. It is worth noting that Canada and Mexico arrived at a compromise trade agreement with the U.S. in October, replacing the decades-old North-American Free Trade Agreement (NAFTA). So these are signs that the global trade war that began earlier this year may be cooling down a little as 2018 draws to an end.
What prompted the U.S. and China to arrive at an unexpected, albeit temporary, compromise is unclear. It will be important to see if any compromise between the two trade giants will include a complete rollback of the tariffs imposed on each other over the year. But the temporary trade truce should still offer some relief, as there have been apprehensions about the U.S.-China trade battle bringing global economic growth to a grinding halt. Signs of a significant slowdown in the Chinese economy and concerns over the negative impact of the trade war on American financial markets may have played a part in Mr. Trump and Mr. Xi agreeing to the truce — probably a sober recognition of the fact that there are no economic winners in any trade war. During the upcoming negotiations, the U.S. is likely to press hard on China’s protectionist policies aimed at favouring its domestic industries. But it is unlikely that China will yield to such pressure as that would require a seismic shift in the country’s growth policy, which till now has emphasised the state’s role in the economy. In fact, the Chinese government’s promise to increase imports from the U.S. is a clear giveaway of the fact that it still dominates the economy. Further, China itself is bound to draw attention to the U.S.’s own protectionist policies. A compromise that will allow both sides to claim final victory in the battle would be the best outcome.
Meaning : attempt to find (something).(v)
Tamil Meaning : முயன்று
Synonyms : desired
Antonyms : unwanted
Example : “they came here to seek shelter from biting winter winds”
Meaning : relating to cultivated land or the cultivation of land.(adj)
Tamil Meaning : விவசாய
Synonyms : rural
Antonyms : urban
Example : “Brazil is rapidly diversifying its agrarian economy”
Meaning : an act or instance of waiving a right or claim.
Tamil Meaning : விலக்கு
Synonyms : remission
Antonyms : allowance
Example : “their acquiescence could amount to a waiver”
Meaning : make (something bad) less severe, serious, or painful(v).
Tamil Meaning : குறைக்க
Synonyms : alleviate
Antonyms : aggravate
Example : “drainage schemes have helped to mitigate this problem”
Meaning : the condition of owing money(n).
Tamil Meaning : கடன்பட்ட
Synonyms : liability
Antonyms : asset
Example : “the industry is taking steps to reduce indebtedness and cut costs”
Meaning : money paid for work or a service(n).
Tamil Meaning : ஊதியம்
Synonyms : compensation
Antonyms : penalize
Example : “they work in excess of their contracted hours for no additional remuneration”
Meaning : not securely held or in position; dangerously likely to fall or collapse(adj).
Tamil Meaning : நிலையற்ற
Synonyms : delicate
Antonyms : certain
Example : “a precarious ladder”
Meaning : extreme anxiety, sorrow, or pain(n).
Tamil Meaning : துயரத்தில்
Synonyms : affliction
Antonyms : comfort
Example : “to his distress he saw that she was trembling”
Meaning : a slight physical movement.
Tamil Meaning : தூண்டுவது
Synonyms : uproar
Antonyms : peace
Example : “I stood, straining eyes and ears for the faintest stir”
Meaning : recognition and enjoyment of the good qualities of someone or something.
Tamil Meaning : பாராட்டு
Synonyms : recognition
Antonyms : criticism
Example : “I smiled in appreciation”
Meaning : characterized by reserve or moderation; unemotional or dispassionate.
Tamil Meaning : கட்டுப்படுத்தும்
Synonyms : discreet
Antonyms : extroverted
Example : “his restrained, gentlemanly voice”
Meaning : shock or excite (someone) into taking action(v).
Tamil Meaning : தூண்டியது
Synonyms : astonish
Antonyms : calm
Example : “the urgency of his voice galvanized them into action”
Meaning : able to be touched or felt.
Synonyms : conspicuous
Antonyms : ambiguous
Example : “the palpable bump at the bridge of the nose”
Meaning : a particular attitude towards or way of regarding something; a point of view.
Tamil Meaning : முன்னோக்கு
Synonyms : aspect
Antonyms : perspectiveless
Example : “most guidebook history is written from the editor’s perspective”
Meaning : collapse or cause to collapse violently inwards.
Tamil Meaning : வெடிப்பை
Synonyms : fall down
Antonyms : explode
Example : “both the windows had imploded”
Meaning : make or become less intense.
Synonyms : tarnish
Antonyms : explain
Example : “the difficulty in sleeping couldn’t dim her happiness”
Meaning : say something again or a number of times, typically for emphasis or clarity(v).
Synonyms : renew
Antonyms : recant
Example : “she reiterated that the government would remain steadfast in its support”
Meaning : the outward appearance or apparent form of something, especially when the reality is different.
Synonyms : pretense
Antonyms : reality
Example : “she tried to force her thoughts back into some semblance of order”
Meaning : (with reference to a computer system) boot or be booted again.
Tamil Meaning : மறுதொடக்கத்தை
Synonyms : reset
Example : “the new value will not be in force until you reboot the system”
Meaning : a strong dislike or disinclination.
Tamil Meaning : வெறுப்பு
Synonyms : animosity
Antonyms : rapport
Example : “they made plain their aversion to the use of force”
Meaning : a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general.
Tamil Meaning : மனக்கவலை
Synonyms : agony
Antonyms : calmness
Example : “the existential angst of the middle classes”
Meaning : direct one’s hopes or ambitions towards achieving something.
Synonyms : pursue
Antonyms : dislike
Example : “we never thought that we might aspire to those heights”
Meaning : acknowledge the existence, validity, or legality of(v).
Tamil Meaning : அங்கீகாரம்
Synonyms : admit
Antonyms : deny
Example : “the defence is recognized in British law”
Meaning : having or showing a modest or low estimate of one’s importance(adj).
Tamil Meaning : தாழ்மையான
Synonyms : courteous
Antonyms : brave
Example : “I felt very humble when meeting her”
Meaning : pull or twist out of shape(v).
Tamil Meaning : சிதைத்து
Synonyms : alter
Antonyms : preserve
Example : “a grimace distorted her fine mouth”
Meaning : characterized by friendliness and absence of discord(adj).
Tamil Meaning : நட்பு
Synonyms : courteous
Antonyms : impolite
Example : “an amicable settlement of the dispute”
Meaning : pester or harass (someone) continually(v).
Synonyms : beleaguer
Antonyms : help
Example : “he was plaguing her with questions”
Meaning : a disagreement or argument.
Tamil Meaning : மோதல்
Synonyms : bickering
Antonyms : agreement
Example : “a territorial dispute between the two countries”
Meaning : relating to the intellect.(adj)
Tamil Meaning : அறிவுசார்
Synonyms : thoughtful
Antonyms : body
Example : “children need intellectual stimulation”
Meaning : stop oneself from doing something.
Tamil Meaning : விலகி
Synonyms : burden
Antonyms : silence
Example : “she refrained from comment”
Meaning : force (an unwelcome decision or ruling) on someone.
Tamil Meaning : திணிக்கப்பட்ட
Synonyms : charge
Antonyms : disorder
Example : “the decision was theirs and was not imposed on them by others”
Meaning : a tax or duty to be paid on a particular class of imports or exports(v).
Tamil Meaning : கட்டண
Synonyms : levy
Example : “the reduction of trade barriers and import tariffs”
Meaning : have a specific connection with or responsibility for.
Tamil Meaning : கவலைகள்
Synonyms : burden
Antonyms : pastime
Example : “those concerned in industry, academia, and government”
Meaning : discussion aimed at reaching an agreement.
Tamil Meaning : பேச்சுவார்த்தை
Synonyms : arbitration
Antonyms : disagreement
Example : “a worldwide ban is currently under negotiation“
Meaning : relating to earthquakes or other vibrations of the earth and its crust.
Synonyms : basaltic
Antonyms : subtle
Example : “after a few days of seismic activity the volcanic eruption started”
Meaning : give special importance or value to (something) in speaking or writing.
Tamil Meaning : வலியுறுத்தினார்
Synonyms : attention
Antonyms : ignorance
Example : “they emphasize the need for daily, one-to-one contact between parent and child”
Meaning : almost certainly; as far as one knows or can tell.
Tamil Meaning : ஒருவேளை
Synonyms : doubtless
Antonyms : improbably
Example : “she would probably never see him again”
Meaning : (of an event or fact) cause or bring about (an action or feeling).
Tamil Meaning : தூண்டியது
Synonyms : arouse
Antonyms : depress
Example : “the violence prompted a wave of refugees to flee the country”
Meaning : the action of one object coming forcibly into contact with another.
Tamil Meaning : தாக்கம்
Synonyms : brunt
Antonyms : failure
Example : “there was the sound of a third impact”
Meaning : an agreement between enemies or opponents to stop fighting or arguing for a certain time(n).
Tamil Meaning : சமாதான
Synonyms : amnesty
Antonyms : continuation
Example : “the guerrillas called a three-day truce”
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Other Important Notification: Released In October 2018