Commercial Education Trust was the Commercial High School. His Association with the Trust continued right up to the end of his life. The Commercial High School was raised in 1926 to the standard of an Intermediate College, in 1930 to a degree college and in 1934 to a post-graduate College. In 1942, Sir Shri Ram became the Chairman of the Governing Body of the college. By the year 1948, although comparatively young among the colleges of Delhi University, the Commercial College had the maximum enrolment possible under the university rules. The college offered B.A. Pass course and the B.A. Honours course in Commerce and M.A. courses in Economics and Commerce. In 1949, it was proposed to rename the college as “Shri Ram College of Commerce” but it took three year to implement it due to the reticence of Lala Shri Ram. Until 1949, the college was located at 8, Darya Ganj, New Delhi. In 1950, the proposal to shift the college to the University Enclave was accepted and implemented. Shriram Institute for Industrial Research, founded in 1947 by an illustrious founder Sir Shri Ram, started functioning in 1950. Sir Shri Ram believed that if India was to catch up with the rest of the world, it was necessary to understand existing technology and innovate it through research. Lady Shri Ram College for Women Established in 1956 in New Delhi by the late Lala Shri Ram in memory of his wife Phoolan Devi (Lady Shri Ram), the college began in a school building in Daryaganj, Central Delhi. Today, the college is located in a 5-acre (20,000 m2) campus in Lajpat Nagar in South Delhi. Association with other Organisation: On 16 February 1930, he had taken over from G.D. Birla as 4th President of the Federation of Indian Chambers of Commerce and Industry (FICCI) and with Mahatma Gandhi by his side, a bold gesture at that time; he had delivered his Presidential Address on 7 April 1931. Sir Shri Ram was nominated as a member of first Central Board of Directors of Reserve Bank of India with effect from 1 January 1935. On 2 March 1937 the Delhi Improvement Trust came into being and Sir Shri Ram became its member. Sir Shri Ram was the member of All-India Organisation of Industrial Employers (A.O.I.E) since its inception and became the President of A.O.I.E for the year 1940 and 1941. AWARDS AND HONOUR: British