New Delhi: The World Bank has expressed its confidence on India's ability to manage its rising inflation and that the economy would grow at higher rate than witnessed in the recent past.

Praful C Patel, World Bank's regional vice president for South Asia, told reporters in New Delhi, that the underlying economic growth in the country was robust with chances to move up further.

He said that the poor were the worst affected by inflation and the bank's lending to any country was not impacted unless a country was in the grip of runaway inflation.

"We don't comment on slight changes in inflation... It's not runaway inflation... We have every confidence that the Finance Ministry and the RBI would be able to contain inflation," he said in reply to a query about surging price rise in India.

He said the Indian economy was fairly well managed.