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GAIL (India) initiates relief measures

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Capital Market
Last Updated : Jun 30 2014 | 11:52 PM IST

Following gas pipeline incident

GAIL (India) announced the initiation of a slew of relief measures for the affected families and villagers of Nagaram. This is following the tragic gas pipeline incident in which nineteen people lost their lives and several were injured.

The compensation of Rs 20 lakh per deceased and Rs 50000 to each of the 19 injured, totalling Rs 3.89 crore was handed over to the district administration on 29 June 2014. The disbursement of compensation to the individual eligible beneficiaries will begin on 30 June 2014. Parallely, pending the outcome of enquiry set up both by the Government as well as the Company, two senior official incharge of the regional operations and maintenance of the pipeline network have been suspended.

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First Published: Jun 30 2014 | 10:56 AM IST

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