New Delhi, Aug 07: Government today admitted there were "pressure points" in the economy due to mounting food and petroleum subsidies, but said the growth would be "significant" in the face of good monsoon and industrial revival. "There are some pressure points largely on account of subsidies in food and some petroleum products," the quarterly review of economy, tabled in Parliament, said. But developments in the first quarter of this year were encouraging, it said adding, "This year should witness significant growth coupled with macroeconomic stability." Noting that there was accelerated improvement in the tax administration, the review presented to Parliament for the first time, vowed "no slippage shall be permitted in bringing about such improvements". Bureau Report