Air India crash: Tata Group sets up Rs 500 crore trust for Ahmedabad AI-171 tragedy victims

Air India crash: Tata Group sets up Rs 500 crore trust for Ahmedabad AI-171 tragedy victims

New Delhi:

Tata Sons, owner of Air India, on Friday announced the formation of a public charitable trust dedicated to supporting the victims of the tragic flight AI-171 crash in Ahmedabad, which claimed 260 lives on 12 June. In a statement, Tata Sons said the trust, named 'The AI-171 Memorial and Welfare Trust', will focus on offering immediate and long-term support to the families of the deceased, those injured in the accident, and others directly or indirectly affected. The trust is registered in Mumbai and aims to serve as a lasting tribute to the victims.

Support for first responders and relief personnel

Apart from assisting victims and their families, the trust will also extend aid to first responders, medical professionals, disaster relief workers, social workers, and government personnel involved in the emergency response. Tata Sons acknowledged the vital role played by these individuals in the aftermath of the crash and stated that the trust would work to alleviate any trauma or distress they may have experienced.

Tata Sons and Tata Trusts have jointly committed Rs 500 crore to the memorial trust, with each contributing Rs 250 crore. This fund will support ex-gratia payments, medical treatment for the injured, and the rebuilding of the hostel infrastructure damaged in the accident.

Read More Golden Temple receives second bomb threat in 2 days, security tightened in Amritsar

Who will head the trust?

The trust will be overseen by a five-member Board of Trustees. Initially, two trustees have been appointed: S Padmanabhan, a Tata veteran, and Sidharth Sharma, General Counsel at Tata Sons. The remaining members will be appointed shortly.

Read More Uttarakhand: 8 dead, several injured as vehicle crashes near Suni Bridge in Pithoragarh

Ahmedabad Air India plane crash

The devastating accident claimed the lives of 241 of the 242 people on board, along with 19 individuals on the ground. The Aircraft Accident Investigation Bureau (AAIB), which is conducting the probe, released a preliminary report stating that both fuel switches were moved to the “cutoff” position just moments after takeoff. The Boeing 787 aircraft suffered an engine stall within three seconds of leaving the tarmac.

Read More Nimisha Priya case: Tharoor praises Kanthapuram AP Aboobacker Musliyar's role; know who he is

Tata Sons chairman N Chandrasekaran had earlier pledged Rs 1 crore to the families of each victim and promised assistance in reconstructing the damaged B.J. Medical College hostel. Friday’s statement reaffirmed this promise and detailed the financial scope of the initiative.

The trust will commence work following registration with tax authorities and the completion of necessary operational formalities.

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

Live Cricket Score

Advertisement

Science & Tech

iPhone 16 Plus gets over Rs 12000 discount in Flipkart GOAT Sale: Limited time deal iPhone 16 Plus gets over Rs 12000 discount in Flipkart GOAT Sale: Limited time deal
New Delhi: If you have been planning to switch to a flagship Apple handset, then here is the right time,...
Mission successful! Shubhanshu Shukla's first picture upon landing on Earth from International Space Station

Health

UN warns 4 million could die from AIDS by 2029 as U.S. cuts HIV funding UN warns 4 million could die from AIDS by 2029 as U.S. cuts HIV funding
New Delhi: A recent UNAIDS report, which was released on Thursday, revealed that the sudden withdrawal of US investment into...
Is it just burnout or something serious? When should you take brain fog seriously, doctor answers

Lifestyle

Memory games to mental math: Try these brain exercises to improve your memory Memory games to mental math: Try these brain exercises to improve your memory
New Delhi: Your brain is one of the most important organs in the body. It controls different functions of the...
Consume these healthy, low-sodium snacks to satisfy your tea-time cravings, know recipe