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LBSIM Honors Lal Bahadur Shastri's Legacy on 31st Foundation Day

Anil Shastri, Chairman of Lal Bahadur Shastri Institute of Management (LBSIM), stated the institute has successfully realized its founding vision of operating on the principles of his father, former Prime Minister Lal Bahadur Shastri. He highlighted LBSIM's academic standing, noting it ranks among the country's top 20-25 management institutes. The 31st Foundation Day event also featured a virtual lecture by author and former CEO Gurcharan Das on the theme of making a meaningful life. The occasion included honoring distinguished alumni for their achievements in corporate excellence.

Key Points: LBSIM Foundation Day: Upholding Shastri's Principles

  • Institute marks 31st Foundation Day
  • Built on Lal Bahadur Shastri's values
  • Ranks among top management schools
  • Alumni honored for corporate excellence
2 min read

"Fulfilling main objective of walking on principles of Shastri ji": Anil Shastri on LBSIM Foundation Day

Anil Shastri says the management institute fulfills its founding vision by walking on the principles of former PM Lal Bahadur Shastri.

"I have complete faith that we are fulfilling the main objective of walking on the principles of Shastri ji... - Anil Shastri"

New Delhi, February 23

Anil Shastri, Chairman of Lal Bahadur Shastri Institute of Management, paid tribute to his father, former Prime Minister Lal Bahadur Shastri, and said that the institute continues to function in accordance with his ideals and principles.

Speaking on the occasion of the 31st Foundation Day of the institute, Shastri said that the founding vision of running the institute on the values upheld by Lal Bahadur Shastri has been successfully realised. He also highlighted the institute's academic standing, noting that it ranks among the top 20-25 management institutes in the country.

"... We always wanted to run this institute on the principles of Lal Bahadur Shastri, and we have been successful in this. The institute ranks among the top 20-25 management institutes of the country, and all our students and faculty are delighted today... I have complete faith that we are fulfilling the main objective of walking on the principles of Shastri ji...," he told ANI.

Earlier, on its 26th Foundation Day in 2021, the Lal Bahadur Shastri Institute of Management (LBSIM) Dwarka, Delhi, celebrated at its college premises.

The event was highlighted with the gracious presence of Gurcharan Das (Author and Former CEO, Procter and Gamble, India), who delivered a lecture virtually on "Don't Just Make a Living, Make a Life". The event was presided over by Anil Shastri, Former Union Minister & Chairman, LBSIM.

While interacting with the audience, Das had said, "We should always believe in doing rather than imagining in thoughts for better results. The best inspirational lesson to learn from one of the stories of a corporate man is our attitude itself - key towards success instead of our skills and talent, which every passing out graduate should understand while preparing for the recruitment."

On the occasion, LBSIM had also honoured its distinguished alumni with awards for Corporate Excellence. The recipients included Manpreet Singh (1996-98), Group Head - New Business and Diversification Advisory, Somany Impressa Group; Amit Kurseja (2003-05), Head of Merchant Acceptance for Amazon Pay India; Ardaman Singh (1995-97), Training Coordinator with Anand Corp Services Ltd.; Ekta Kumar (1996-1998), Social Impact and Change Management Leader; and Gopal Iyer (2004-2006), Supply Chain Leader in process transformation, change management and service improvement.

- ANI

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Reader Comments

S
Sarah B
Ranking among the top 20-25 B-schools is impressive. It shows that focusing on strong ethical values doesn't mean compromising on academic excellence. More institutes should follow this model.
V
Vikram M
While the sentiment is noble, I hope the institute's "walking on principles" translates to affordable fees and scholarships for deserving students from all backgrounds. That would be a true tribute to Shastri ji's egalitarian vision.
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Priya S
Gurcharan Das's lecture topic "Don't Just Make a Living, Make a Life" is so relevant today. In the corporate rat race, we often forget this. Kudos to LBSIM for highlighting such important life lessons alongside management skills.
R
Rohit P
The list of alumni awardees is inspiring! From Amazon Pay to social impact leadership, it shows the diverse paths management graduates can take. Makes me proud of our Indian talent. 👏
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Karthik V
It's good to remember our stalwart leaders. Shastri ji's life was a lesson in humility and hard work. If the institute can instill even 10% of that in its students, it will be a great service to the country.

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