The college was shifted to its present site in the erstwhile "Chakkar Padia" in 1921. While laying the foundation stone of the present building in the November 1919 Sir Edward Gait, the then Governor of Bihar and Odisha wished that this mighty monument would one day grow into a university. Maharaja of Mayurbhanj donated Rs. 1,00,000/- for the electrification of the new building and purchase of equipment for science laboratories. A library building having an area of . was opened in 1922 by Lt. Governor of Bihar and Odisha. Maharaja of Kanika Sri Rajendra Narayan Bhanjadeo generously donated Rs. 55,000/- for its construction which stands today as a beautiful piece of architecture. In his honour the library is named as "Kanika Library" which is very close to the hearts of educated Oriyas. In recognition of the public generosity, the Government sanctioned Rs. 25,000/- towards purchase of books for the newly created "Kanika Library". After the shifting of the main library to the centenary building, the old premise houses the journal section.