The Lal Bahadur Shastri National Award is an annual prestigious award instituted from Lal Bahadur Shastri Institute of Management, Delhi.
This consists of a cash award of 5,00,000 rupees plus a citation and a plaque.
The award was started in 1999 and is provided to a business leader, management practitioner, public administrator, educator or institution builder for his/her sustained individual contributions for achievements of high professional order and excellence.
[1] This award is given by the President of India.