Mauritius: Pre-budget consultations – The Minister of Finance discusses with representatives of cooperative societies

The Minister of Finance, Economic Planning and Development, Dr. Renganaden Padayachy, met various representatives of Cooperative Societies this afternoon in Port-Louis. The meeting was held as part of the ongoing 2022-2023 pre-budget consultations.

In a statement after the meeting, the Secretary of the Mauritius Bio Organic Co-operative Federation Limited, Mr. Deyundrath Sunasy, said that he had discussed with the Minister of Finance the possibility of authorizing the Food and Agricultural Research and Extension Institute (FAREI) to import a Waste Decomposer for composting, for the benefit of smallholders. This, he said, will have a range of positive benefits on soil condition and consumer health and reduce imports.

He also recalled that Mauritius is an island state and is geographically isolated and therefore requires a specific business and economic development model to become self-sufficient.

In addition, Mr. Deyundrath Sunasy indicated that he proposed to modify certain laws to allow micro-enterprises to prosper, to improve the conditions attached to loan programs for women entrepreneurs and to provide for the registration of all planters with from FAREI for better planned production.

As for the secretary of the Mauritius Agricultural Marketing Co-operative Federation Limited, Mr. Rajdeo Kissoonah, he said that during the meeting, he had mentioned the need to change the method of cultivation. He pointed out that he has asked for a subsidy of Rs 500,000 to be paid to all farmers who wish to engage in organic farming as well as a duty free facility on farming related vehicles.

Furthermore, he pointed out that he has raised the issue of abandoned cane land, which he believes can be reallocated to farmers for the production of potatoes and onions.

Virginia S. Braud