Families of those killed in a horrific nightclub fire in Russia's Urals last week will get a compensation of 500,000 rubles ($16,700) each, the Russian prime minister said on Tuesday.

Vladimir Putin is currently holding a session in Perm, where Saturday's blaze in Lame Horse nightclub killed 113 people and injured over 120.

He said that the Russian federal budget has allocated each family 400,000 rubles and the regional budget 100,000 rubles.

"Therefore, the total sum [of the compensation] for the each killed [in the blaze] amounts to a half a million rubles," Putin said.

He also said that the families of those injured in the fire and remaining in hospitals will each receive a compensation of 400,000 rubles ($13,400). The sum, he said, consists of 300,000 rubles allocated from the federal government and 100,000 rubles provided by the regional authorities.

The death of two more people in hospital on Monday brought the death toll from the Saturday's blaze to 113. Over 120 people are still being treated in hospital, with 28 of them in a critical condition, according to the Russian Health Ministry.

Russia observed a national day of mourning on Monday for the victims of the nightclub fire. Flags were flying at half-mast and memorial services were being held.

PERM, December 8 (RIA Novosti)