lack of anything; Coal crisis reports baseless: FM Sitharaman

Boston: Amid reports of an ongoing coal shortage in the country, Finance Minister Nirmala Sitharaman asserted that there is no shortage and termed it as absolutely baseless that India is a power surplus country. Sitharaman said Power Minister RK Singh had recorded just two days back when he said that absolutely baseless information is floating around that maybe there is a shortage of coal, lack of other inventories which has led to sudden spurt in demand for supply in energy. difference will arise. consumption.

Sitharaman said, “Absolutely baseless! There is no dearth of anything. In fact, if I recall the minister’s statement, every power generation establishment has the stock for the next four days absolutely available in its premises and the supply chain is absolutely Not even broken,” Sitharaman said. Here at Harvard Kennedy School on Tuesday. During a talk organized by the Mosavar-Rahmani Center for Business and Government, Sitharaman was asked by Harvard Professor Lawrence Summers about reports of energy shortages and coal shortages in India.

There will be no shortage leading to any shortfall in supply. So it takes care of the power situation of India. Now we are a power surplus country. We are taking a fair amount of risk to see what is available to India in the energy basket, how much is based on fossil fuels and how much comes from renewables and we are always looking at ways to shift it in favor can be done. Renewable energy. So the picture is not of short supply, but it is also a picture of the new components in the basket, she said. On the immunization drive in India against COVID-19 and how the Indian government has come close to delivering one billion doses, Sitharaman said that over the decades, India has consistently built up this institutional arrangement, where primary health centers exist, up to the village level. And they take care of the basic needs of basic primary care given to patients in those areas. While these centers have over the years carried out vaccinations for newborns that have to be given periodically, India has been very successful in preventing the spread of polio, she said. Furthermore, he said that over the years, periodic malaria or seasonal diseases, for which doctors care for patients in a particular area, have made India increasingly vulnerable to handling and treating large epidemic-ratio diseases. given capacity.

As soon as vaccines became available, our systems were ready to go to remote areas and give doses to people. Therefore, the institutional system in India has always been the framework that has been created over the years, she said. She said the question with regard to vaccines was whether they were to be preserved in a certain temperature and distributed across India.

Fortunately the two vaccinations we have used are quite suited for Indian conditions and hence the logistics required to transport it from one place to another did not pose much of a challenge and hence we have been successful, she said. Vaccine Covishield is a version of the AstraZeneca/Oxford vaccine manufactured by Serum Institute of India. Covaxin is an indigenously developed vaccine by the pharma company Bharat Biotech.

He said that India is providing vaccines free of cost through bilateral arrangements with some countries.

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