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This is an archive article published on May 27, 2024

IGNOU, ICMAI launch Diploma in Agricultural Cost Management programme

The course duration ranges from a minimum of one year to a maximum of three years. The major objectives include optimal resource utilisation, proficiency in knowledge, skills, and entrepreneurial capabilities towards farm cost management, value chain, and supply chain management.

IGNOU and ICMAI together launch Diploma in Agricultural Cost Management for the improvement of farmer’s incomeThe course targets urban and rural youth, with a minimum eligibility requirement of passing 10+2 in any discipline. (representative image/file)

Indira Gandhi National Open University (IGNOU) School of Agriculture has launched a new educational programme Diploma in Agricultural Cost Management( DACM) in collaboration with the Institute of Cost Accountants of India (ICMAI).

The programme covers farm accounting and costing, agri supply chain management, prudent utilization of land, water management, and other associated farming activities. 

The programme aims to educate and train learners to efficiently manage farm costs, enhance agricultural productivity and provide insight into various activities including strategic decision-making related to different aspects of agricultural production, crop cultivation, livestock rearing, financial planning, resource allocation, marketing, and risk mitigation.

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The programme’s major objectives include optimal resource utilisation, proficiency in knowledge, skills, and entrepreneurial capabilities towards farm cost management, value chain, and supply chain management, an IGNOU statement said.

Diploma in Agricultural Cost Management programme offers a comprehensive range of courses in agriculture, catering to the diverse needs of students and professionals in the field. These cover various aspects of agricultural management and entrepreneurship, providing valuable insights and skills to individuals interested in agricultural development. 

About the Programme

– Basics of Agriculture provides a foundational understanding of agricultural principles and practices.

– Institutional Support for Agricultural Development delves into the various organizations and institutions involved in supporting agricultural growth and development. 

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– The cost concepts and techniques equips learners with essential knowledge and techniques related to cost management in agriculture. 

– Farm Cost Management focuses specifically on managing costs within farm operations to enhance efficiency and profitability. 

– Agripreneurship explores the entrepreneurial aspects of agriculture, empowering students to create and manage agricultural ventures.

– Managing Farmers Producers Organizations addresses the management and organizational aspects of farmers’ groups, emphasizing effective leadership and coordination for collective benefit. 

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