The Ministry of Cooperation has approved and released a one-time grant-in-aid of 30 crore rupees to establish the Vaikunth Mehta National Institute of Cooperative Management. This grant will be used for creating essential infrastructure for students and trainees. The Ministry said, the Government is committed to the overall development and prosperity of the Cooperative sector and the people associated with it.<br />''  <br />'' Vaikunth Mehta National Institute of Cooperative Management was established in 1967, and is an apex Centre for Cooperative Management Training, Research and consultancy. It also organises training programmes for cooperative sector officials from SAARC countries, Ethiopia, Mauritius and other countries.