Accordingly, Rs. 100, 000 will be paid for a death while property damages will be paid up to a maximum of Rs 2.5 million.
The Ministry of Finance on the instructions of President Maithripala Sirisena given at the discussion held recently has taken every possible measure to pay compensation.
The compensation to the victims will be paid under the insurance scheme for natural disasters obtained by the Ministry of Finance through the National Insurance Trust Fund.
In addition to that, the treasury will issue the required funds to pay compensation to the Meethotamulla Victims soon after the government decides the amount to be paid to each victim.
The treasury has granted money to provide cooked meals for the displaced people of the area and the government will take steps to rebuild the houses, which are in risky conditions or to settle those people in alternate places.
Minister of Megapolis and Western Development Patali Champika Ranawaka at the discussion with the President has pointed out the possibility of providing houses from the housing scheme being implemented in Colombo for the totally damaged houses with the agreement of the owners of those houses.