Lal Bahadur Shastri College of Paramedical Sciences is governed by the L.B.S. Homoeopathic & Allied Education Society. It was started in 1965 under the able guidance and direction of Dr. Late K. B.Srivastava.
The Society has been successfully running the College of L.B.S. College of Homoeopathy since 1966. It has its own huge building. Students of both the Colleges are being trained and practiced in the 150-bedded multi-speciality L.B.S. Hospital, Bhopal.