macro factors, these are individual policy factors," he added.
Responding to questions, the World Bank President Kim said China lifted more than 600 million people out of poverty in the last 20 years.
"We have a chance to do it, but our research shows that about two-thirds of the poverty alleviation comes from growth and about a third comes from various policies and methods to support the poor directly,” he said.
"In India, they have a USD 1 trillion infrastructure deficit over the next five years, and the government has said to all of us that more than half of that has got to come from the private sector, So, we want to learn how to help the private sector do better.
"Now, they've got ways to go, as Stan and others have said, but I have to tell you, they're committed to it.
"At least they clearly understand that private sector growth is going to be critical if they want to reach their aim," Kim said.