The Sindh cabinet has approved compensation for the affected shop owners of the fire-hit Saddar markets.
A meeting of the provincial cabinet earmarked Rs915,230,000 funds for compensation to be paid to the shop owners Cooperative and Victoria markets.
The cabinet was informed that as many as 280 shops were destroyed in both fire incidents.
On Nov 14, hundreds of shops were destroyed in the Saddar Cooperative Market blaze. Days later, more than 50 shops and warehouses were gutted in another fire in Saddar’s Victoria Market.
Earlier, the provincial government’s spokesperson and Karachi administrator Murtaza Wahab said the Sindh government has decided to compensate the affected shop owners of the fire-hit Saddar markets.