New Delhi, Feb. 23 -- Anil Shastri, Chairman of Lal Bahadur Shastri Institute of Management (LBSIM), 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 institut...