Lal Bahadur Shastri College of Arts, Science and Commerce, Satara (LBSCS) is managed by Shri Swami Vivekanand Shikshan Sanstha, Kolhapur (SSVSK) and is affiliated to Shivaji University, Kolahpur. SSVSK is the second largest education institute in Maharashtra state. The college was found in 1967 and is christened after the late Prime Minister Shri. Lal Bahadur Shastri to commemorate his memories and his concern for Jawan and Kisaan and for the masses, and their upliftment. It was unveiled at the auspicious hands of Smt. Lalitadevi Shastri in 1967.