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IGNOU signs MoU with the Institute of Cost Accountants of India for jointly developing an Open and Distance Learning programme titled Diploma in Agricultural Cost Management

25 April, 2023

                                          Media Release

 IGNOU signs MoU with the Institute of Cost Accountants of India (ICMAI) for jointly developing an Open and Distance Learning (ODL) programme titled “Diploma in Agricultural Cost Management”.An MoU has been signed between Indira Gandhi National Open University (IGNOU) and the Institute of Cost Accountants of India (ICMAI) today at the CMA Bhawan, Lodhi Road, New Delhi.

The Memorandum of Understanding agreement aims to jointly develop an Open and Distance Learning (ODL) programme titled “Diploma in Agricultural Cost Management” to create awareness and human resource in the area of agricultural cost management by imparting knowledge, skills, and entrepreneurial capabilities of the farming communities for efficient farm cost management. The programme will be beneficial for progressive farmers, Urban / rural youth, small and medium entrepreneurs, extension workers, NGO functionaries/ trainers, members of cooperative societies, self-help groups, etc.

Prof. Sumitra Kukreti, Pro Vice Chancellor, IGNOU; Dr. Alok Chaube, Registrar (Administration); Dr. Umesh Chander Pandey, Director, RSD; Dr. Praveen Kumar Jain, Director, SoA; Prof. SK Yadav, Dr. Vijayakumar, Dr. Mita Sinhamahapatra, and Dr. Mukesh Kumar, Faculty, School of Agriculture from IGNOU were present. CMA Vijender Sharma, President; CMA Biswarup Basu, Former President; CMA P. Raju Iyer, Immediate Past President, CMA Kaushik Banerjee, Secretary; Dr. DP Nandy, Sr. Director and other officials from ICMAI were present in the MoU signing ceremony.

Dr. Nandy welcomed all the dignitaries present during the ceremony. Dr. Praveen Kumar Jain gave an overview on the MoU and informed that a Diploma in Agricultural Cost management will be developed under this MoU. Prof. SK Yadav informed that there is a need for educating the farmers and other target groups regarding cost management in the agriculture profession. The programme will be useful not only for farmers but also for policymakers. Dr. Alok Chaube expressed that the mandate of IGNOU is to cater to the educational needs of deprived sections of society. This MoU will be an instrument to achieve the University’s objectives. Dr. UC Pandey informed that IGNOU is the best institution for offering such programmes keeping in view the large target group and the programme will be offered through its wide network of Learner Support Centres and Regional Centre to achieve IGNOU’s motto of reaching the unreached. CMA Biswarup Basu said that this MoU will be a path-breaking initiative for empowering the farmers. CMA P. Raju Iyer informed that different universities/institutions will be interested to enrol their students in this programme. Prof. Sumitra Kukreti, Pro Vice Chancellor, IGNOUcongratulated IGNOU and ICMAI and said that this is a momentous occasion for both institutions. This programme will benefit the farmers, rural youth, professionals in the agriculture field and others involved in agriculture and allied professions. CMA Vijender Sharma, President; ICMAI expressed that this collaboration will strengthen the Government’s efforts of strengthening the farmers’ income and educating them. IGNOU is the ideal institution to offer such programmes through its wide network.

The MoU was signed by Dr. Alok Chaube, Registrar (Administration), IGNOU and CMA Vijender Sharma, President, ICMAI.

A formal vote of thanks was presented by CMA Kaushik Banerjee, Secretary; ICMAI. 

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[Updated on 19-Jun-2024]