RIL unveils SEZ rehab package

ECONOMY BUREAU
Posted online: Tuesday, February 20, 2007 at 0031 hours IST

MUMBAI, FEB 19: Even as the Centre is yet to take a call on
rehabilitation schemes for people displaced by the upcoming special
economic zones (SEZs), Reliance Industries Ltd (RIL) on Monday released
a package for those evicted by its SEZ project in Raigad district of
Maharashtra.
In its relief and rehabilitation package, the Mumbai SEZ Company (MSEZ),
controlled by RIL, offers a job for a member of every displaced family,
a proportionate share of 12.5% of the SEZ’s developed land to every
landholder, and compensation at market rates.

MSEZ, which has so far purchased over 1,000 acres by consent in the
coastal Raigad district for the SEZ, plans to provide two years’
sustenance payment for landless labourers. The company will also spend
Rs 90 crore to upgrade infrastructure in 45 villages.

MSEZ said it would purchase land under paddy cultivation at Rs 10 lakh
an acre and unproductive land at Rs 5 lakh an acre in the project area.
As a first option, the company will allocate 12.5% of the developed land
in proportion to the original holding to every legal owner. The second
option is a one-time down payment of Rs 5 lakh an acre originally sold.
The third option is a lifetime payment of Rs 5,000 a month.

MSEZ’s rehabilitation package is yet to receive clearance from the state
cabinet sub-committee, led by rehabilitation minister Patangrao Kadam.

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