"I have announced a compensation for Ankit's parents from my relief fund and it will provided to them in a couple of days," Arya said.
Five-year-old nursery student Ankit died after falling into an open septic tank while playing with his friends on January 27.
Police had registered a case of negligence in this connection and school staff and the parents of the victim boy were questioned. SDMC authorities also ordered a probe into the incident by the civic body's Additional Commissioner (education), Rajesh Pathak.