As a tribute to the doyen of the Cooperative Movement late Shri Vaikunth Mehta, the National Institute was named after him, as Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) in April 1967. The Government of India provides grants-in-aid to National Council for Cooperative Training (NCCT), New Delhi to meet the establishment and other costs of VAMNICOM. The Vaikunth Mehta National Institute of Cooperative Management has been contributing over the years to the Cooperative Movement through its activities viz. Management Training, Management Education, Research & Publication, Consultancy, and other related activities.
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