Approx. 48,000 families lived within 30 km (18 km) of the Fukushima Daiichi plant.
The compensation will be considered as provisional, with payouts - probably one million yen ($12,000, ￡ 7,331) per family - starting described on 28 April.
Plant operator Tepco is still trying to stabilize the nuclear facilities.
"Tokyo Electric Company (Tepco) is an urgent and rapid payment afford to compensate for the losses of evacuation and orders, indoors, stay", said chief Government spokesman Yukio Edano.
"The basic idea is that a budget will receive 1 million yen." We think that this amount as a provisional payment is necessary, "he said."
BBC correspondent in Tokyo, Roland Bürk, says that the payments are the first of what will be a massive compensation Bill.
JP Morgan estimates Tepco can claims of up to 2 trillion yen, almost $ face reinsurance segment (￡ 15 billion euros) by the end of this year.
ProtestsTEPCO and the Japanese Government have previously faced criticism for offering not compensation.
People forced the area around the nuclear power station leave lived in evacuation centers for more than a month.
With companies close, untended fields and fishing abandoned many have lost their livelihoods as also their homes, says our correspondent.
The headquarters of the travel operators, with some demonstrators, were it protests outside to make known their feelings long distances.
Announcement of the indemnity offered Tepco President met Masataka Shimizu "heartfelt apologies" for the people of events in the work. He said, would reduce costs to finance the payments the company.
"We want to optimize all operations without exceptions in our opinion," he said. "We are of course thinking about pay cuts for our Board and Manager."
Fukushima Governor Yuhei SATO, said more was needed.
"This is only a beginning." The accident was not finished. We further evacuated to questions, the Government and the Tepco all the way to compensate for, "he said."
Search isWork for the stabilization of the nuclear power plant is on. Engineers are pumping water in three reactors cooling after cooling systems were fuel rods from the Quake and tsunami.
You have to lay off waste water with low radioactivity in the sea to space to store more highly contaminated waste water on the ground.
Water must be removed from the cellars of the reactors 1, 2 and 3 before important work on the cooling systems can begin.
On Thursday, Tepco said that water levels in the basement of reactor 2 rise, still were even if some was pumped into the memory.
Now are 10 km to the damaged nuclear power plant in Fukushima Japanese police on their search for victims of the March of 11 within a zone.
Up to 1,000 jobs are probably in the area are, but its recovery has fears was moved due to the radiation.
The earthquake and tsunami left 13,538 people dead and missing an other 14,589. More than 150,000 homeless.
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