{"id":124749,"date":"2026-04-25T10:43:44","date_gmt":"2026-04-25T05:43:44","guid":{"rendered":"https:\/\/nationaltimes.pk\/eng\/?p=124749"},"modified":"2026-04-25T10:43:50","modified_gmt":"2026-04-25T05:43:50","slug":"first-batch-of-gul-plaza-traders-receives-compensation-in-karachi","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2026\/124749\/","title":{"rendered":"First batch of Gul Plaza traders receives compensation in Karachi"},"content":{"rendered":"\n<p>KARACHI(National Times)- As many as 200\u00a0<a href=\"https:\/\/www.dawn.com\/news\/1968018\">fire-hit Gul Plaza<\/a>\u00a0shopkeepers, out of total 1,209, were given compensatory cheques on Friday by Chief Minister Murad Ali Shah, who distributed Rs511.7 million among the tragedy victims, unveiling a Rs7 billion relief package.<\/p>\n\n\n\n<p>A ceremony was held at the CM House which was also attended by representatives of the Karachi Chamber of Commerce and Industry (KCCI).<\/p>\n\n\n\n<p>Speaking as the chief guest, the chief minister said the provincial government had approved a comprehensive Rs7bn financial package for the people affected by the Jan 17 devastating fire that claimed lives of 73 people and destroyed the three-storey shopping mall.<\/p>\n\n\n\n<p>He said that Rs5.657bn had already been secured through the Accountant General\u2019s office for distribution based on assessments by the KCCI.<\/p>\n\n\n\n<p>Outlining earlier relief efforts, CM said that Rs10m each had been announced for families of the deceased persons in the first phase. \u201cPayments have been completed in 64 cases, while four are under verification and four are pending due to legal heir issues,\u201d he added.<\/p>\n\n\n\n<p>In the second phase, the chief minister said, 849 affected shopkeepers received Rs500,000 each as immediate relief during Ramazan to help rebuild their livelihoods.<\/p>\n\n\n\n<p>\u201cNo financial assistance can compensate for the pain and losses suffered, but we are committed to your rehabilitation and support,\u201d he told the affected traders.<\/p>\n\n\n\n<p>He added that every verified affected person would receive compensation and no one would be left behind.<\/p>\n\n\n\n<p>He described the Gul Plaza tragedy as a painful incident that caused immense human and financial losses to families and the business community.<\/p>\n\n\n\n<p>The chief minister said that a committee had been constituted to implement the recommendations of the Judicial Commission tasked with investigating the inferno.<\/p>\n\n\n\n<p>He said that the committee\u2019s proposals would be presented before the next meeting of the provincial cabinet.<\/p>\n\n\n\n<p>\u201cWhoever has been identified as responsible in the report will face action,\u201d he promised.<\/p>\n\n\n\n<p>CM Shah said that a Chinese company had prepared a comprehensive firefighting plan to strengthen Karachi\u2019s emergency response systems after President Asif Ali Zardari had taken up the issue with Chinese authorities.<\/p>\n\n\n\n<p>He also briefed the participants on major infrastructure initiatives across Karachi.<\/p>\n\n\n\n<p>\u201cOver Rs300 billion in development schemes have been earmarked this year,\u201d he said, adding: \u201cShahrah-i-Bhutto will be inaugurated in the first 10 days of May by PPP Chairman Bilawal Bhutto Zardari.\u201d<\/p>\n\n\n\n<p>Talking about the Bus Rapid Transit Red Line<a href=\"https:\/\/www.dawn.com\/news\/1974849\">&nbsp;project<\/a>, CM Shah said wherever he went, people asked when University Road would be completed and this became quite embarrassing.<\/p>\n\n\n\n<p>He said that the government had cancelled the contract of a firm and was going to bring in a new company to complete University Road quickly.<\/p>\n\n\n\n<p>\u201cThere are memes saying the Strait of Hormuz has opened but University Road hasn\u2019t. They have heard you, and get the Strait of Hormuz closed again,\u201d he said on a lighter note.<\/p>\n\n\n\n<p>Businessmen Group Chairman Zubair Motiwala of the KCCI thanked the provincial government, saying \u201ca great deal of work has been done in a very short period.\u201d<\/p>\n\n\n\n<p>He confirmed that compensation was being processed based on verified losses and that every rightful claimant would receive dues.<\/p>\n\n\n\n<p>Representatives of the affectees also echoed their sentiments, thanking the provincial government for its sustained support.<\/p>\n\n\n\n<p>Affected shopkeeper Muhammad Ashraf said, \u201cThis is not just a compensation cheque, it is hope.\u201d<\/p>\n\n\n\n<p>Another trader, Ilyas Shah, appreciated that the government stood with victims after the January 17 tragedy.<\/p>\n\n\n\n<p>The chief minister assured that a new Gul Plaza building with the same number of shops would be constructed within two years.<\/p>\n\n\n\n<p>He said that beyond compensation, the government was focused on stronger safety oversight to prevent such incidents.<\/p>\n\n\n\n<p>The ceremony was attended among others by provincial ministers Syed Nasir Hussain Shah, Zia-ul-Hassan Lanjar, Jam Ikramullah Dharejo, Mukesh Kumar Chawla and Saeed Ghani, Adviser Gyan Chand Essrani, Chief Secretary Asif Hyder Shah, Karachi Mayor Murtaza Wahab, Commissioner Hassan Naqvi, and KCCI representatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI(National Times)- As many as 200\u00a0fire-hit Gul Plaza\u00a0shopkeepers, out of total 1,209, were given compensatory cheques on Friday by Chief Minister Murad Ali Shah, who distributed Rs511.7 million among the tragedy victims, unveiling a Rs7 billion relief package. A ceremony was held at the CM House which was also attended by representatives of the Karachi [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":124750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-124749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest_news","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>First batch of Gul Plaza traders receives compensation in Karachi - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2026\/124749\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First batch of Gul Plaza traders receives compensation in Karachi - Nation\" \/>\n<meta property=\"og:description\" content=\"KARACHI(National Times)- As many as 200\u00a0fire-hit Gul Plaza\u00a0shopkeepers, out of total 1,209, were given compensatory cheques on Friday by Chief Minister Murad Ali Shah, who distributed Rs511.7 million among the tragedy victims, unveiling a Rs7 billion relief package. 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