Theory:

     Her parents set up the Neerja Bhanot Pan Am Trust with insurance money and funds from Pan Am for using the brand Pan Am in the title. The trust presents two awards every year, one to honour a flight crew member, worldwide, who acts beyond the call of duty and another to an Indian woman who overcomes social injustice and  helps other women in similar social distress. The award includes a sum of INR 1,50,000, a trophy and a citation.
 
     One of the children who this brave flight purser saved during a hijacking incident in 1986 is now a captain of a major airline.
 
     Some people shine even after death and she was among them. Even the streets of Mumbai couldn’t forget her. A square in Mumbai’s Ghatkopar (East) suburb was named after her by the Mumbai Municipal Corporation.
Explanation:
 
Neerja's parents established the Neerja Bhanot Pan Am Trust using funds from Pan Am and insurance money to use the title's Pan Am brand. Every year, the trust gives out two awards: one to a flight crew member from anywhere in the world who goes above and beyond the call of duty to help others. Another award would be given to an Indian woman who overcomes social inequality and supports other women in similar situations. The award includes a sum of INR 1,50,000, a trophy and a citation.
 
One of the children saved by this noble flight purser during the 1986 hijacking is now a major airline captain. She was one of those people who shone even after death. People will never forget her nobility, bravery, selflessness and integrity. And Mumbai's streets couldn't forget about her. The Mumbai Municipal Corporation named a square after her in the Ghatkopar (East) suburb of Mumbai.
 
Meaning of difficult words:
 
S.No.
Words
Meaning
1.
Crew
A group of people who work together especially on a ship, plane etc.
2.
Suburb
An area on the edge of a large town or a city
Reference:
State Council of Educational Research and Training (2019). Term-3 English Standard-7. A Story of Self Sacrifice and Bravery (pp. 105-111). Published by the Tamil Nadu Textbook and Educational Services Corporation.