印度柴油价格上涨14%

时间：2012-09-14 07:12:46

（单词翻译:单击）

India has announced a sharp rise in the price of diesel1, the first increase in more than one year, in an attempt to cut the country's budget deficit2.

印度宣布提高柴油价格，试图以此削减国家财政赤字，这是近一年多以来柴油价格首次上涨。
 
The government said it would raise diesel prices by 14% from Friday. 
 
India subsidises the prices of diesel, cooking gas and kerosene3（煤油，火油） oil to help the poor and keep inflation in check.
 
However, this has resulted in a growing budget deficit and there have been concerns the policy may be hurting India's overall economic growth.
 
The government has been under increasing pressure to cut the subsidies4 and bring down the deficit. 
 
"It is the first credible5 step towards fiscal6 consolidation7（巩固，合并） that the government has taken, something for which the market has been waiting for long," said Manish Wadhawan, head of rates at HSBC.
 
The government said that it would also limit the sale of subsidised cooking gas to six cylinders8 a year per consumer.
 
Ratings boost?
 
India's economy has slowed in recent months and there have been fears that slow growth coupled with high inflation and a rising deficit may hurt investment in the country.
 
Earlier this year, ratings agency Standard & Poor's warned that India could lose its investment grade status if conditions in the country did not improve. 
 
Another ratings agency, Fitch, cut its outlook for India's economy to negative in June.
 
Analysts9 said the decision by the government was likely to ease fears about a rating downgrade for Asia's third-largest economy.
 
"The government has shown it can take hard decisions, very difficult decisions," said C Rangarajan, chief economic advisor10 to the Indian prime minister.
 
At the same time the price rise has raised hopes that India's central bank, the Reserve Bank of India (RBI), may cut interest rates to spur growth. 
 
"All these days [the] RBI was insisting [the] government should take steps to control [the] fiscal deficit, after this move there are all possibilities that the central bank may consider reducing interest rates," said RK Gupta, managing director at Taurus Mutual11 Fund.
 
"This is very good news for the market. Foreign institutional investors12 will be taking this as a positive step. This will also improve the country's ratings," he added.

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点击收听单词发音收听单词发音  

1 diesel ql6zo     
n.柴油发动机，内燃机
参考例句：
  • We experimented with diesel engines to drive the pumps.我们试着用柴油机来带动水泵。
  • My tractor operates on diesel oil.我的那台拖拉机用柴油开动。
2 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
3 kerosene G3uxW     
n.(kerosine)煤油，火油
参考例句：
  • It is like putting out a fire with kerosene.这就像用煤油灭火。
  • Instead of electricity,there were kerosene lanterns.没有电，有煤油灯。
4 subsidies 84c7dc8329c19e43d3437248757e572c     
n.补贴，津贴，补助金( subsidy的名词复数 )
参考例句：
  • European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
  • Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》
5 credible JOAzG     
adj.可信任的，可靠的
参考例句：
  • The news report is hardly credible.这则新闻报道令人难以置信。
  • Is there a credible alternative to the nuclear deterrent?是否有可以取代核威慑力量的可靠办法？
6 fiscal agbzf     
adj.财政的，会计的，国库的，国库岁入的
参考例句：
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
7 consolidation 4YuyW     
n.合并,巩固
参考例句：
  • The denser population necessitates closer consolidation both for internal and external action. 住得日益稠密的居民，对内和对外都不得不更紧密地团结起来。 来自英汉非文学 - 家庭、私有制和国家的起源
  • The state ensures the consolidation and growth of the state economy. 国家保障国营经济的巩固和发展。 来自汉英非文学 - 中国宪法
8 cylinders fd0c4aab3548ce77958c1502f0bc9692     
n.圆筒( cylinder的名词复数 )；圆柱；汽缸；（尤指用作容器的）圆筒状物
参考例句：
  • They are working on all cylinders to get the job finished. 他们正在竭尽全力争取把这工作干完。 来自《简明英汉词典》
  • That jeep has four cylinders. 那辆吉普车有4个汽缸。 来自《简明英汉词典》
9 analysts 167ff30c5034ca70abe2d60a6e760448     
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。
10 advisor JKByk     
n.顾问，指导老师，劝告者
参考例句：
  • They employed me as an advisor.他们聘请我当顾问。
  • The professor is engaged as a technical advisor.这位教授被聘请为技术顾问。
11 mutual eFOxC     
adj.相互的，彼此的；共同的，共有的
参考例句：
  • We must pull together for mutual interest.我们必须为相互的利益而通力合作。
  • Mutual interests tied us together.相互的利害关系把我们联系在一起。
12 investors dffc64354445b947454450e472276b99     
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

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