IGNOU, ICMAI launch Diploma in Agricultural Cost Management

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.

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. 

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.