Karachi: Sindh Government’s Spokesman Barrister Murtaza Wahab on Monday (October 31) announced the start of monetary compensation for houses completely destroyed or damaged during the recent floods in the province, news sources reported.
Read: Funds for flood victims in DGK, Rajanpur to be released soon
The Sindh government will provide PKR 0.3 million for the houses totally destroyed in the rains, while PKR 50,000 will be offered to households damaged by the flood. Speaking at the launch ceremony of the compensation scheme, Murtaza said that to make the project transparent, compensation will be rolled out from November 30 through designated banking channels. Furthermore, Barrister Wahab stated that the cabinet has reviewed a plan to build 1.8 million residences through the newly founded housing corporation. He stated that the company would finalise the design of the houses keeping climate change and building techniques in consideration.
In a separate cabinet meeting held in Karachi, Chief Minister (CM) Syed Murad Ali Shah approved the holding of a two-day international conference to discuss the devastation caused by floods in the province and to explore technical ways to reconstruct the irrigation and drainage system so that the impact of future calamities can be mitigated.
Read: WB to fund housing project for flood-affectees in Sindh
It is pertinent to mention that Sindh has asked the World Bank (WB) and Asian Development Bank (ADB) to contribute towards the rehabilitation work and provide PKR 1.2 trillion in financing. As per the government estimates, the flood in August caused devastation on millions of acres of land and an estimated material loss of USD 30 billion.