Vaikunth Mehta National Institute of Cooperative Management VAMNICOM, Pune

About Vaikunth Mehta National Institute of Cooperative Management VAMNICOM, Pune

Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) is an Apex Cooperative Management Institute, aided by Govt. of India, to impart training and education and to undertake research and consultancy work in the field of Cooperative Business Management.Institute conducts around hundred short duration Executive/Management Development programmes for senior/top level officials/Non-officials in cooperative sector in order to improve the decision making skills and administrative competence of practicing managers.It also provides educational facilities for young men and women seeking careers in enterprise management with additional emphasis on cooperatives, through two long duration residential courses viz. (i) Diploma in Cooperative Business Management (DCBM) of approximately 38 weeks (9 months) and (ii) Post Graduate Diploma in Business Administration (Cooperation) of two years.

The Institute has highly qualified and experienced core and associate faculty from management schools. It has also got excellent infrastructure comprising Library with total collection of about 40,000 books of different disciplines and over 400 Journals in relevant fields, Computer unit with Intranetware and AS-400 server and Pentium nodes, Auditorium, Conference / Seminar / Class rooms and well equipped hostel and community center.

It is well known that the Cooperative Movement envisaged to provide answers to the problems of rural credit in India, owes its origin to the sponsorship of Government. Beginning with Sir Fredrick Nicholson's Report in 1885 on the issue of training to the Cooperative leadership entrusted with the duty of building up the Cooperative Movement, has always been emphasized. But, it was not until 1945 that the Saraiya Committee on Cooperative Planning recommended the establishment of a Cooperative Training College at the State level and Central level. The Cooperative Training College was established in 1947 when late Shri Vaikunth Mehta was the Minister for Finance, Cooperation and Village Industries with a view to bringing concepts of management training to the service of the Cooperatives. The Ministry of Community Development and Cooperation established the Central Institute of Management for Consumer's Business (CIMCOB) at Bombay in 1964. In the year 1964, a high level working group appointed by the Government of India under the Chairmanship of the late Prof. D.R.Gadgil to assess the training needs of the co-operative sector, recommended the setting up of a National Institute which would undertake the training of senior personnel in the co-operative institutions/departments, conduct fundamental/applied research and provide consultancy services, organize courses in business management for senior personnel in cooperative business organizations and train the youth on various facets of Management. CIMCOB was merged with the National Cooperative College and Research Institute (NCCRI) to form the present National Institute. 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.

Vision
VAMNICOM is conceived as an intellectual nerve centre for the co-operative movement. It caters to management development through training, education, research and consultancy needs of various co-operative organisations, government departments and other national bodies.

Mission
The mission of VAMNICOM is to facilitate building cadres of professional managers to man key positions in the ever growing number of co-operatives through management development, training, education, research and consultancy.