This institution started functioning in 1958 at Jamshedhur. In 1959 it was shifted to Rourkela. Initially it was in sector - 17 and in 1960 it was shifted to Sector - 7. then in 1967 it was again return back to Sector - 17 again finally to sector - 7. It has got a big library. A rare collection of literature  books in Oriya, Hindi, English, Sanskrit, Bengali are kept in utmost care. Since 1968 this institution has been organising the anniversary of Madhusudhan and Utkal Divas every year.

Erecting the bronze statue of Madhu Babu near Railway Station this institution has done a good job. Some remarkable and rare collection of books have also been published by the trust. The Public after being a member of the trust can avail the library facility. Different cultural school in the name of Pragati Kala Niketan has been managed with the aid of this trust