The Chief Minister has increased the ex-gratia to Rs 11 lakh from Rs 4 lakh which was announced earlier for the kin of the deceased.
Though, the BJP MLA from Bhopal, Vishwas Sarang demanded that this compensation should be increased to Rs. 25 lakh.
"The compensation should be increased to Rs 25 lakh from Rs 11 lakh. It is very unfortunate that the Chief Minister has till now not visited the families and shared their sorrow," he said.
The incident happened after a boat capsised during Ganpati idol immersion at the city's Khatlapura Ghat on Friday morning, claiming 11 lives so far with several missing.
The State Disaster Emergency Response Force (SDERF) is carrying out a search operation at the ghat to locate those missing.
So far, 11 bodies have been recovered and six people have been rescued.