<h1>Rs 500 crore memorial trust established for aviation accident victims providing Rs 1 crore ex gratia payments</h1> A major aviation accident occurred when an aircraft crashed shortly after takeoff from a route between two cities, resulting in 260 fatalities including 19 ground casualties. In response, a corporate group established a memorial and welfare trust worth Rs 500 crore, with two entities contributing Rs 250 crore each. The trust will provide ex gratia payments of Rs 1 crore to families of deceased victims and fund medical treatment for seriously injured survivors. Additionally, the trust will support reconstruction of damaged medical college hostel infrastructure affected by the accident. The trust has been registered for philanthropic purposes related to the crash victims and affected infrastructure.