The Nehru Memorial Govt. Degree Arts & Science College was established in the year 1968 with P.U.C. under private management. In 1970-71 Degree courses B.A, B.Com, and B.Sc were started. The dept Of Commerce was also started in the year 1970-71 with T/M as in as institution.
It is an important subject of the commerce stream and its objectives are summarised below: (i) To develop economic understanding. (ii) To develop students understanding of economic problems and their effects on society. (iv) To develop sense of values that serve as the basis of economic planning.