Sindh Chief Minister Murad Ali Shah has announced a compensation and reconstruction plan following the tragic collapse of Karachi’s Gul Plaza caused by a fire. The incident resulted in numerous casualties and missing persons, prompting swift government action.
Compensation and Support for Traders
In an address to the Sindh Assembly, Murad Ali Shah declared that each affected shop owner will receive an initial compensation of Rs500,000. Full compensation will be provided subsequently, with the goal of rebuilding Gul Plaza within two years.
To assist traders in resuming their businesses, temporary commercial arrangements will be established within two months. Additionally, alternative shops will be made available for up to two years. The government will also offer loans up to Rs10 million to affected traders, with the provincial government covering the interest costs.
Inquiry and Accountability
The Chief Minister ordered a thorough investigation into the tragedy, including criminal proceedings against those found responsible. This includes officials if negligence is identified. He emphasized that political exploitation of the incident would be rejected and noted that regulatory shortcomings date back to periods before the 18th Amendment.
Additional Measures and Future Plans
- Security arrangements for affected traders will be ensured by the Sindh government.
- Building owners who waived rent for a year to support victims were acknowledged.
- Recognizing gaps in building regulations and emergency preparedness, the government plans to introduce legislation mandating insurance for commercial buildings.
- The Chief Minister dismissed proposals for federal control over Karachi, reaffirming that provincial governance will remain intact as per the Constitution.
This announcement reflects the Sindh government’s commitment to addressing the aftermath of the Gul Plaza tragedy with financial aid, regulatory reforms, and reconstruction efforts aimed at restoring normalcy for affected traders and the community.
