VRS: One Hundred Beneficiaries Sold Their Land

10 years, 10 months ago - June 06, 2013
VRS: One Hundred Beneficiaries Sold Their Land
The beneficiaries of land from the provisions of the Voluntary Retirement Scheme (VRS) does not retain all their plots of land. A hundred of them have already completed the sale of their land for various reasons.

The debt funding of educational projects for children or the existence of a home are, among others, the reasons that motivated them to sell their land seven perches and a half. The value of each field is over Rs 700,000. In addition, these lands have been cleared of stones and provided with necessary facilities such as water, electricity, the whole system to the sewer and telephone lines.

The Mauritius Cane Industry Authority (CEC), which heard the steps of certain beneficiaries, is currently conducting a campaign with them so they do not sell their land. The reasons advanced by the CEC are: land resources are limited, the price is climbing and the acquisition of a plot of land of more than seven poles requires in many cases a bank loan.

Currently, 16,000 people have already taken their voluntary retirement. They got land in about 133 sites across the country. 800 acres of land are available to them under the VRS.

About 300 employees of Medina Sugar Estate were the last to assert their right to voluntary retirement. Some 28 acres of land located Cascavelle Chebel and Henrietta are available to them. Some 1,298 employees have benefited from the VRS to Medina from 2001 to 2007.

 

Text by Le Matinal

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