Saraswata Niketanam Library is located in Vetapalem, Andhra Pradesh, India.

Shreshti in 1918 and later on "Pantulu Garu" (Adusumalli Srinivasa Rao) anchored the library, had the rare privilege and good fortune of its foundation stone being laid by The Father of the Nation, Mahatma Gandhi, in 1929.

The Saraswata Niketanam library was started with the following objectives: To promote and propagate Literature, Morality, Character, Patriotism, Humanity, Philanthropy, Devotion etc., in all possible ways by establishing and maintaining Stationary as well as Travelling Libraries equipped with all-sided books on Sanskrit; Telugu and English literatures (both ancient and modern); by organizing Reading Rooms furnished with newspapers and magazines; by starting and maintaining Free Schools for the poor; by reading out books and papers to the illiterate; by delivering open air lectures and magic lantern lectures; and by educating and enlightening the people at large in all the ways and means conducive to the country's cause.

The library enjoyed the patronage of persons like Mahatma Gandhi, Rajendra Prasad, Chilakamarti Lakshmi Narasimham, Kasinathuni Nageswara Rao, Cattamanchi Ramalinga Reddy and Pathuri Nagabhushanam.

After the Gowthami Grandhalayam in Andhra Pradesh, the biggest in the region is Saraswata Niketanam Library.