The management of VSI vests in the Board of Trustees (BoT) comprising 11 members and headed by its President, Shri.Sharadchandraji Pawar, Union Minister for Food and Agriculture and Chairman of the Board of Trustees of the Institute. All trustees are eminent personalities devoted to welfare of the farming community. The Governing Council (GC) comprising 39 members, supervises and monitors various functions of the Institute and provides necessary guidance. Three sub-committees of the Governing Council members assist the Governing Council in its overall functioning. Director General (DG), Shri.Shivajirao Deshmukh is the executive head of the organization and implements the decisions of the management.

To fulfill the objectives of the Institute, there are different technical divisions which work under the guidance of the Director General. All the research, training and development activities are undertaken in a coordinated manner and under one roof. Emphasis is therefore, given to interdisciplinary approach.