IGNOU & ICMAI Team Up to Offer Diploma in Agricultural Cost Management

The Indira Gandhi National Open University (IGNOU) and the Institute of Cost Accountants of India have signed a memorandum of agreement to create an open and distance learning diploma programme in agricultural cost management.

According to a formal statement, the credential seeks to empower farming communities with information, skills, and entrepreneurial potential in order to raise awareness of and develop human resources in agricultural cost management.

The programme will be beneficial for farmers, small and medium entrepreneurs, youths, extension workers, members of cooperative societies, NGO functionaries/trainers, self-help groups, and others, it said.

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, the secretary of ICMAI.

IGNOU Professor SK Yadav said there is a need to educate the farmers and other target groups about cost management in the agriculture profession.

The IGNOU said that the programme will be helpful not only for farmers but also for policymakers.

IGNOU said in a statement, "The MoU will be a path-breaking initiative for empowering the farmers. Different universities/institutions will be interested in enrolling their students for this programme. This programme will benefit the farmers, rural youth, professionals in the agriculture field and others involved in agriculture and allied professions."