The Vaidika Samshodhana Mandala (VSM) was established on 1st August 1928 in the memory of the great patriot and scholar, late Lokamanya Bal Gangadhar . To provide facilities for higher studies in Vedic literature.
2. To collect books and manuscripts concerning Vedic literature.
3. To publish original Vedic texts with commentaries.
4. To publish auxiliary literature such as Indices, Lexicons,
Notes, Original contributions etc.
5. To work out the plans to facilitate and carry out the projects. VSM is home to the only Yadnya museum in the India. A close and minute study of the Yadnya or sacrificial system reveals various aspects of the social and cultural history of India as the real origin of many sciences and their development. VSM also houses Manuscripts related to , Smārta prayogas, , , etc. and allied literature received from donors. VSM library holds books related to and is one of the best research libraries in the city. VSM organizes many national and local research seminars. Many scholars have delivered expert lectures on several topics about Vedas.