Tata sons sets up Rs 500 cr trust for Ahmedabad plane crash victims
PTC News Desk: More than a month after the deadly Ahmedabad plane crash, the Tata group has announced its decision of setting up a trust of Rs 500 crore for the families of the victims. The plane crash killed over 260 people last month.
Tata Sons and Tata Trusts have committed Rs 250 crore each to the AI-171 Memorial and Welfare Trust, which has been registered as a public charitable trust in Mumbai.
"The trust will provide both immediate and continuing support to the dependents/next-of-kin of the deceased, to those who were injured, and to all others who are directly or collaterally affected by the accident," Tata Sons said in a statement on Friday.
The board will comprise five members who will oversee and administer the trust.
Besides, the trust will also extend aid and medical assistance to recover from trauma and distress suffered by the first responders, medical and disaster relief professionals, social workers and governmental staff who provided the services in the aftermath of the incident.
- PTC NEWS
