Vidarbha Economics Council was established in 1970–71 in Nagpur. It is the oldest association of professors of economics in Central India. Since its establishment, the Council has been organizing annual conferences regularly at various places in Vidarbha.

In 2007–08, the Vidarbha Economics Council decided to publish a research journal named “Arthamimamsa”. The first volume was published in 2008 at the annual conference held at Anjangaon Surji (District Amravati). Arthamimamsa is a bi-annual (half-yearly) research journal and has been published regularly since then.

Dr. D. V. Jahagirdar, a retired professor of economics and a well-known academic figure in Maharashtra, has served as the editor since its inception. Articles are published in Marathi, English, and Hindi.

The journal has received financial assistance from the ICSSR, Regional Centre Mumbai during the last ten years.

Arthamimamsa encourages teachers and researchers to publish research articles, presents new theoretical trends in economics, publishes Ph.D. thesis summaries, and includes book reviews.

Special issues on themes like the Suresh Tendulkar Committee Report, 14th Finance Commission, Brexit, MSP, Maharashtra Human Development Report, and Commercial Bank Nationalization have been widely appreciated.