Addanki is a backward area and most of the people here depend on agriculture. The people of this area had to send their children for pursuing higher studies at distant places like Ongole,Narsaraopet and Guntur. In the year 1982 people of Addanki felt the need of a degree college, Some prominent personalities like late Sri Karri Veeraghavaiah, Sri Katta Rama Koteswara Rao and some other likeminded people formed a committee with Sri Kari Veeraraghavaiah as convener and because of the unstinted efforts of the committee, Government accorded permission for starting a Government Degree College at Addanki in 1984. Sri Katta Rama Koteswara Rao, a farmer has generously donated an amount of Rupees 2 lakhs as corpus fund for the establishment of the college and the college is named after him by the Government.
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