The Andhra Pradesh government will disburse a compensation of ₹7.11 crore to the owners of the mechanised boats that were gutted at the fishing harbour in the city on November 19.
According to an official communication, a programme will be organised at the ZP hall here at 10 a.m. on November 23 to give away cheques to the owners of 30 fully damaged and 18 partially damaged boats.
As per the estimates of the committee constituted by the government, which has Revenue and Fisheries department officials, among others, 80% of the property value will be given as compensation to the owner of each damaged boat.