Tata Sons, the principal holding company of the ₹400‑billion Tata Group, has formally proposed establishing a ₹500 cr AI171 Trust to support the families of those affected by the tragic Air India Flight 171 crash on June 12 in Ahmedabad. The proposal—presented by Chairman N. Chandrasekaran at an interim board meeting on Thursday—awaits board approval. This trust marks a significant escalation beyond the earlier ₹1 cr ex‑gratia compensation per household and Air India’s additional ₹25 lakh interim payout, aiming to ensure sustained assistance. The move underscores Tata’s resolve to provide comprehensive, long‑term relief to victims’ families in the aftermath of the disaster.

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