<h1>Indian business group creates Rs 500-crore charitable trust for aircraft accident victims and survivors</h1> A major Indian business group established a Rs 500-crore charitable trust following an aircraft accident that killed 260 people in a western Indian city. The group's parent company and associated trusts each committed Rs 250 crore to the initiative, registered as a public charitable trust. The fund will provide immediate and ongoing support to victims' families, injured survivors, and affected individuals, while also assisting first responders and relief personnel who experienced trauma. A five-member board will oversee operations, with two trustees already appointed. The trust offers Rs 1 crore ex-gratia payments for deceased victims, medical treatment for seriously injured survivors, and infrastructure rebuilding support for damaged medical college facilities. The June aircraft crash occurred during takeoff, with only one passenger surviving from 242 onboard, plus 19 ground casualties.