No shortage of anything; reports of coal crisis baseless: FM Sitharaman


BOSTON: Amid reports of the country’s ongoing coal shortage, the Minister of Finance Nirmala Sitharaman He stressed that there are no shortages and called them “absolutely unfounded”, saying that India is a country with an energy surplus.
Sitharaman said Energy Minister RK Singh went on the record just two days ago when he said absolutely unfounded information is circulating that there is likely a shortage of coal, shortages of other inventories, which will lead to a sudden gap in the supply situation. and the demand on energy. consumption.
“Absolutely unfounded! There is no shortage of anything. In fact, if I remember the minister’s statement, each energy production facility has the stock for the next four days absolutely available within its own facilities and the supply chain has not been broken at all, “Sitharaman said here at Harvard Kennedy School on Tuesday.
During the conversation organized by the Mossavar-Rahmani Center for Business and Government, the Harvard professor asked Sitharaman Lawrence Summers on energy shortages and reports on the reduction of coal inventories in India.
“There is not going to be any deficiency that could cause a supply deficit. So that deals with the energy situation in India. Now we are a country with an energy surplus.
“We are also taking a pretty good amount of risk to see what is the available energy basket for India, how much is based on fossil fuels and how much is coming from renewables and we are always looking for ways that it can be changed in favor of renewable energy. So the picture is not of scarcity, but also of newer components in the basket, ”he said.
On the vaccination campaign in India against COVID-19 and how the Indian government managed to get closer to administering one billion doses, Sitharaman said that for decades India has steadily built this institutional arrangement in which even at the village level , primary health care There are centers that meet the basic requirements of the fundamental primary care that should be provided to patients in these areas.
“Over the years, these centers have carried out vaccinations for newborns that need to be given at a regular interval … India has been very successful in containing the spread of polio,” he said. Furthermore, he claimed that over the years, the periodic malaria or seasonal diseases for which doctors care for patients in a particular region have given India the ability to manage and treat epidemic large diseases.
“As soon as the vaccines were available, our systems were ready to be deployed, even going to some of the remote areas and giving the doses to people. So the institutional arrangement in India has always been the framework that has been built over the years, ”he said.
He said the question regarding the vaccines was whether they should be kept at a certain temperature so that they could be transported and distributed throughout India.
“Fortunately, the two vaccines that we have used are quite suitable for the conditions in India and therefore the logistics required to move this from one place to another did not represent a great challenge and therefore we have been successful.” , said.
The Covishield vaccine is the version of the AstraZeneca / Oxford vaccine produced by the Serum Institute of India. Covaxin is the vaccine developed indigenously by the pharmaceutical company Bharat Biotech.
He noted that India has been giving vaccines for free through some of the bilateral agreements with the countries.

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