By Arvind Padmanabhan, IANS,
On Board Air India One : Prime Minister Manmohan Singh Wednesday said there were reasons behind the protests in Wall Street and Europe, which were spilling into India, adding these were also warnings for those in-charge of governance at various levels.
“There are reasons why people are protesting. People are protesting in Wall Street, in Europe, about the fat salaries bankers are getting when people are being asked to tighten their belts,” said the prime minister.
“There is the problem of growing unemployment in the US. There is worry in Europe also. So, these are problems, which the system must have credible answers to take them on board,” he told journalists on board his special aircraft.
“I think democracy that way provides an outlet for people’s frustrations, which I think is a very timely warning for all those who are in charge of the processes of governance,” he said during his return from Pretoria.
(Arvind Padmanabhan can be reached at [email protected])