GAIL (India) Ltd has taken a major step in corporate governance by constituting an Ethics Committee of the Board. The committee will deal with all aspects of ethics in the company and suitably evolve its procedures. ethics committee shall work as conscience keeper and submit to the Board any recommendation for best corporate governance in the company.

The move to set up the ethics committee of the Board in GAIL has been initiated by Dr UD Choubey, chairman and managing director, GAIL. The ethics committee will consist of four Independent Directors and a Government Nominee Director on the Board of GAIL. Neither the CMD nor any of the functional directors would be members of the ethics committee.