Bangladesh Shop Owners Association on Tuesday urged the government to allocate Tk 700 crore initial-ly for the small traders of Bangabazar market to recoup their losses caused by the massive fire incident.
After visiting Bangabazar market, president of the association Helal Uddin told reporters that around 5000 shops, mostly owned by small traders, were damaged in the fire incident.
As Eid festival is ahead, all the shops were full of clothes and other products which were almost fully damaged in the fire.
Goods of worth over Tk2500 crore were damaged in the fire incident, Helal said.
He said that the capital of these businessmen is the goods of the shops. As the goods are burnt, now they have no assets left of the businesses.
“Now for them, we are demanding from the government Tk700 crore initially to compensate the losses ahead of Eid, “ he added.