 For more videos on people's struggles, please subscribe to our YouTube channel. The figures that the ministry of power is given, not the coal ministry, is that you have only four days of stock in the power plants and you could therefore be running from hand to mouth and India cannot buy coal at the moment because the coal prices are very high. The coal ministry or the coal India do not seem to be beginning so much. They have blamed the power plants and the power ministry saying that they had said they should be 22 days of coal stock. They should stock up before the monsoons that has not happened and therefore there is this artificial shortage because the stocks have not been created. So combination of one hand of the government not knowing what the other one was doing and the typical of this government that instead of looking after the problems in a holistic way trying to solve problems and believing that somehow the god of the market will take care of all their coordination for them, that is not happening. The power plants don't want to keep extra stock because it is also reserve stock meant also money. You are blocking up money. Cost of storage. Buy coal you pay and therefore whatever you keep as inventory of coal is money that could be in your bank. So therefore this is something which capitalism in general and let's face it are increasingly removed away to private power production and also we have asked all the public sector undertakings including the government ones to behave like private companies. So one of the things that all companies do is to reduce inventory. This is called just-in-time production. The Japanese model. So once you do it for the power plants now you have a problem. The just-in-time production may mean that okay you don't produce for some time and you don't supply the market. Somebody else supplies who has the necessary supplies the inventory but when it comes to energy now that's not an option because you shut down, you're shutting down other industries. It is it's a cascading effect of a shortage of power is of course on the festivals as you said Dark Diwali or a Dark Dashara but also the industry also and offices also in markets this government making everybody behave as if there is a market economy which will regulate power is I think the bigger problem because power plants infrastructure does not operate in the same way as do other industries do markets don't operate when it comes to infrastructure there is there are other issues over here which I'm not going into today but basically the lack of coal now in the power plants brings out that just-in-time production models don't work in the electricity sector for obvious reasons. Secondly that if you do not plan for storage then how do you meet sudden shortfalls that you can get in supplies and sudden spikes that you get in consumption which of course the festival sees it but we are going to also see the economy constrained by lack of power electricity if we don't solve the coal problem. Your only solution still is getting the coal India and other coal plants to produce more coal but the shortfall which is all the plants which are importing coal for instance Munra which is shut down Tata's also have an ultra mega power project which they were importing coal from Indonesia there were coastal plants or other plants which were using imported coal that is the one which is going to take the main hit because we cannot get imported coal at the prices which we can then sell to the Indian consumer A, B we cannot substitute that imported coal readily with Indian coal because the power plants the boilers take a particular kind of coal then been designed for that there is a range but the Indian coal and the Indonesian coal have very different characteristic you cannot burn Indian coal readily in a Munra power plant for instance without changing major making major changes in the boiler burning systems and so on but you know central problem that we see in the Indian power sector that this is classic example of that not that you don't recognize power is essentially infrastructure electricity generation is infrastructure and it has to be planned for the long term it is not the market which can drive in the electricity sector as somebody has said electricity obeys the laws of physics it does not obey the laws of the market and that is something the Indian planners have not recognized they believe market will solve all your problems another example how markets do not solve certain problems and certainly the infrastructure problems and the electricity sector are not amenable to spot prices going up and down and therefore, fixing how much generation will come up or will not I think this is the classic example of that.