VOA标准英语2008年-Indian Government Expected to Revive Economic R

The Indian government is expected to revive an economic reform agenda following its victory in a confidence vote earlier this week. Anjana Pasricha has a report from New Delhi.

When the Congress-led coalition¹ government came to power four years ago, it promised to open the economy in sectors³ such as insurance, banking⁴ and retail⁵. But communist allies stalled those plans.

But since left parties parted ways with the government, hopes have risen that the country's economic reform agenda will get a new lease on life.

The government, which survived a confidence vote earlier this week with the help of new political partners, has already promised to carry forward the reform process.

Economists⁷ say the government could revive plans to sell part of its equity⁸ in public sector² companies to shore up its finances.

There could also be some good news for foreign investors⁹ - foreign investment in the insurance sector is likely to be raised from 26 percent at present to 49 percent.

However more controversial reforms are expected to remain on the backburner.

Economist⁶ D.H. Pai Panindiker, who heads an independent research group in New Delhi, the RPG Goenka Foundation, says the government is unlikely to concede to a long-standing demand of industry to change India's archaic¹⁰ labor¹¹ laws.

"They will definitely stay away from labor reform, which can create a lot of uncertainty¹² or some kind of apprehension¹³ among some sections of society," he said. "For example if you make labor a contract, it may create some dissatisfaction in the working class."

The government is also unlikely to open up the retail sector to large foreign chains such as Walmart. So far only foreign retailers¹⁴ selling single brands such as Nike are allowed in the country. There is widespread opposition¹⁵ to large retail chains from owners of millions of mom and pop stores, who fear that these chains will threaten their livelihood¹⁶.

Political analysts¹⁷ say the government, which is already grappling with high inflation, is no mood to do anything that might alienate¹⁸ voters when general elections are less than a year away.

Nevertheless, Indian industry is optimistic that the economy will get fresh momentum¹⁹ at a time when many fear that the high growth witnessed in recent years might be tapering²⁰ off.

 

 

1 coalition   

n.结合体，同盟，结合，联合

参考例句：

• The several parties formed a coalition.这几个政党组成了政治联盟。
• Coalition forces take great care to avoid civilian casualties.联盟军队竭尽全力避免造成平民伤亡。

2 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

3 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

4 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

5 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

6 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

7 economists   

n.经济学家，经济专家( economist的名词复数 )

参考例句：

• The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
• Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》

8 equity   

n.公正，公平，（无固定利息的）股票

参考例句：

• They shared the work of the house with equity.他们公平地分担家务。
• To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。

9 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

10 archaic   

adj.(语言、词汇等)古代的，已不通用的

参考例句：

• The company does some things in archaic ways,such as not using computers for bookkeeping.这个公司有些做法陈旧，如记账不使用电脑。
• Shaanxi is one of the Chinese archaic civilized origins which has a long history.陕西省是中国古代文明发祥之一，有悠久的历史。

11 labor   

n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦

参考例句：

• We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
• He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。

12 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

13 apprehension   

n.理解，领悟；逮捕，拘捕；忧虑

参考例句：

• There were still areas of doubt and her apprehension grew.有些地方仍然存疑，于是她越来越担心。
• She is a girl of weak apprehension.她是一个理解力很差的女孩。

14 retailers   

零售商，零售店( retailer的名词复数 )

参考例句：

• High street retailers reported a marked increase in sales before Christmas. 商业街的零售商报告说圣诞节前销售量显著提高。
• Retailers have a statutory duty to provide goods suitable for their purpose. 零售商有为他们提供符合要求的货品的法定义务。

15 opposition   

n.反对，敌对

参考例句：

• The party leader is facing opposition in his own backyard.该党领袖在自己的党內遇到了反对。
• The police tried to break down the prisoner's opposition.警察设法制住了那个囚犯的反抗。

16 livelihood   

n.生计，谋生之道

参考例句：

• Appropriate arrangements will be made for their work and livelihood.他们的工作和生活会得到妥善安排。
• My father gained a bare livelihood of family by his own hands.父亲靠自己的双手勉强维持家计。

17 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

18 alienate   

vt.使疏远，离间；转让(财产等)

参考例句：

• His attempts to alienate the two friends failed because they had complete faith.他离间那两个朋友的企图失败了，因为他们彼此完全信任。
• We'd better not alienate ourselves from the colleagues.我们最好还是不要与同事们疏远。

19 momentum   

n.动力，冲力，势头；动量

参考例句：

• We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
• The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。

20 tapering   

adj.尖端细的

参考例句：

• Interest in the scandal seems to be tapering off. 人们对那件丑闻的兴趣似乎越来越小了。
• Nonproductive expenditures keep tapering down. 非生产性开支一直在下降。