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Compensation for fire-hit Karachi market traders announced

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KARACHI: The Sindh government has, finally, announced compensation for traders of Karachi’s Cooperative Market and Victoria Centre.

In November last year, nearly 400 shops were gutted in a massive fire in the market.

At a meeting on Monday, Chief Minister Murad Ali Shah met a delegation of the Karachi Chamber of Commerce and Industry led by Zubair Motiwala.

The affecties said the fateful incident took place during the wedding season. “Eruption of the fire during this time cause us huge losses,” they lamented.

At this, Chief Minister Sindh, Murad Ali Shah promised that he won’t leave the shopkeepers alone in this tough time. He assured compensation to every trader and constituted a committee to prepare a list of the names of the affecties.

The chief minister further directed the Cooperative department to move a summary for the cabinet so that the compensation amount could be approved and then disbursed at the earliest.

On Saturday, the market reopened after two-and-a-half months. The damaged shops have been repaired. Federal Planning Minister Asad Umar and Sindh Governor Imran Ismail along with other PTI leaders attended the reopening ceremony.

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