GVM's Gopal Govind Poy Raiturkar College of Commerce & Economics, Ponda was established in 1975 managed and run by Goa Vidyaprasarak Mandal, an educational society.

The Commerce College is affiliated to Goa University.

The founders thought of imparting education not merely for white collared jobs but for upgrading the standards of the common man through vocational training.

Their efforts could not take deep roots due to insurmountable difficulties.

The dreams of the visionaries have now become a reality with professional courses, applied component courses & computer courses run in various institutions of the Mandal.