Key points

Highlights of the Economic Survey for 2014-15 tabled in parliament yesterday by Finance Minister Arun Jaitley: Growth rate of over eight per

■ cent expected in 2015-16 Double-digit economic

■ growth trajectory now a possibility Infrastructure growth of

■ eight core industries higher than industrial growth since 2011-12 Inflation showed declining

■ trend during April-December 2014-15, average WPI inflation declined to 3.4 per cent against average of six per cent during the previous year, WPI food inflation fell to 4.8 per cent after high of 9.4 per cent in 2013-14, CPI inflation touched all-time low of 5 per cent after remaining high at 9-10 per cent for last two years Government measures to

■ control food inflation and persistent decline in crude prices resulted in declining trend in inflation Services sector clocks double

■ digit growth of 10.6 per cent Major reform initiatives

■ undertaken in banking, insurance and financial sectors Greater public investment in

■ railways to boost growth and manufacturing in India Government remains committed

■ to fiscal consolidation, enhanced revenue generation a priority Male literacy at 80.9 per cent,

■ female literacy at 64.6 per cent Need for balance between

■ Make in India and Skilling India; skill development and employment are major challenges Food subsidy bill at Rs1.07

■ trillion (Dh63.6 billion) during 2014-15 (up to January), an increase of 20 per cent over previous year Revive public investment to

■ improve investment climate Hyper-growth in tech startups

■