Prepare a brief note on National Foundation for Corporate Governance (NFCG) and Board of Trustees of NFCG.

With the goal of promoting better corporate governance practices in India, the Ministry of Corporate Affairs, Government of India, has set up National Foundation for Corporate Governance (NFCG) along with Confederation of Indian Industry (CII), Institute of Company Secretaries of India (ICSI) and Institute of Chartered Accountants of India (ICAI). In the year 2010, stakeholders in NFCG have been expanded with the inclusion of Institute of Cost Accountants of India and the National Stock Exchange of India Ltd. The Vision of NFCG is 'Be the Key Facilitator and Reference Point for highest standards of Corporate Governance in India.' The internal governance structure of NFCG consists of Governing Council, Board of Trustees and Executive Directorate. Board of Trustees Board of Trustees deal with the implementation of policies and programmes and lay down the procedure for the smooth functioning. It is chaired by Secretary, Ministry of Corporate Affairs, Government of India. The members of the Board of Trustees are: Director General, Confederation of Indian Industry (CII) Secretary, Institute of Chartered Accountants of India (ICAI) Secretary, Institute of Company Secretaries of India (ICSI) and Secretary, The Institute of Cost Accountants of India (ICAI-CMA) Representative, National Stock Exchange (NSE) Director General & CEO, Indian Institute of Corporate Affairs (IICA)