"India is going to grow by 6 per cent next year and we hope for even more increase in future," World Bank President Jim Yong Kim said.
Kim, who is on a three-day visit to India, was talking to reporters after meeting Finance Minister P Chidambaram in New Delhi.
He said although the economic growth has been "somewhat disappointing" at 5 per cent, but the situation would improve as the global market scenario improves.
"Growth rate of 5 per cent here is one that has been somewhat disappointing but we are very encouraged by what has happened and what will happen and we think India will get back to higher levels of growth," Kim said.
The Indian economy is subject to global slowdown, he said adding "as export market starts doing better, we think India will do better as well."
The GDP is estimated to have grown 5 per cent in the current fiscal and the growth rate is likely to improve to 6.1-6.7 per cent in 2013-14.
India's share in global economy almost doubled in five years between 2005 and 2010, he said while lauding the efforts of Finance Minister to ensure high growth rate in future.
Kim will also be meeting Prime Minister Manmohan Singh.
He is scheduled to visit Uttar Pradesh on Tuesday and meet Chief Minister Akhilesh Yadav.
He would visit Lucknow and Kanpur and see development challenges in the state, which accounts for the largest number of India's poor.
This is Kim's first visit to India after taking over as President of World Bank Group in July last year.
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Save Dissent to Save Democracy THE rising instances of physical violence and threats against political opponents and the inability to accept dissent must raise huge concerns amongst all of us who see democracy as perhaps the really stellar achievement since Independence. AAP’s attack on BJP headquarters and acts of arson committed under the very noses of their elite leadership; the attacks on Arvind Kejriwal and Manish Sisodia in Gujarat in the last two days; the recent manhandling of the caretaker of journalist Siddharth Varadarajan’s house by some garden variety thugs; and the violence and threats meted out regularly to their political opponents by political parties is surely deplorable and condemnable. This is a fatally flawed trend which will destroy the very foundations of our democratic institutions if not pushed back with all the strength and condemnation that the civil society can mobilise. Replaying the past To begin with, it must be clarified that we should ...

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