Kakinada, June 26 -- Andhra Pradesh Minister for Labour Vasamsetti Subhash on Friday announced financial assistance of Rs 20 lakh from his family-run M.S. Satyam Vasamsetti Foundation for traders affected by the devastating fire at the Draksharama market in Dr. B.R. Ambedkar Konaseema district.
The Minister also said he would mobilise philanthropists to extend an additional Rs 60 lakh in assistance to help the affected traders rebuild their livelihoods.
Subhash visited the market, where a major fire on Thursday night gutted 48 shops, including grocery stores, wholesale vegetable outlets and godowns.
Expressing anguish over the incident, the Minister said the government and society could not abandon the victims who had lost both their pro...