Current Affairs

Regional Institute of Cooperation Management (RICM)

Regional Institute of Cooperation Management (RICM)

The objectives and target outcomes of the All India Council for Technical Education (AICTE)-approved Post Graduate Diploma in Management-Agri Business Management (PGDM-ABM) launched by the Regional Institute of Cooperation Management (RICM) are as follows:

 

Objectives:

 

Target Outcomes:

 

 

This course is currently being offered by Regional Institute of Cooperative Management (RICM), Gandhinagar and Regional Institute of Cooperative Management (RICM), Chandigarh.
Year-wise intake to the course and placements of the pass out students are as follows:

 

Batch

Total Available seats

No. of enrolment

Placement of thestudents(No.)

2020-22

60

45

45

2021-23

60

39

39

2022-24

60

39

39

2023-25

60

43

43

2024-26

60

26

This course will conclude in 2026

Total

300

192

166

 

The PGDM-ABM course is being started with effect from this academic year with intake capacity of 30 students.

 

 

Industry Collaborations:

PGDM-Agri Business Management programme offered by RICMs under National Council for Cooperative Training (NCCT) has established active partnerships with prominent industry stakeholders for internships, field training, live projects, and placement support. Key industry collaborators include:

· Banaskantha District Co-operative Milk Producers’ Union Ltd. (BanasDairy), Palanpur, Gujarat

· Kaira District Co-operative Milk Producers’ Union Ltd.(AmulDairy),Anand, Gujarat

· Agricultural Produce Market Committee(APMC),Palanpur, Gujarat

· Adani Industries Ltd.,Shantigram, Ahmedabad, Gujarat

· IHSEDU Agrochem Pvt.Ltd.

 

· Dhanuka AgritechLtd., Ahmedabad, Gujarat

· Gujarat Narmada Valley Fertilizer & ChemicalsLtd.(GNFC)

 

These organizations provide practical exposure to students and contribute to their professional development in areas such as dairy, agri-inputs, marketing, and agro-processing.

 

Academic Collaborations:

RICMs also collaborate with reputed academic and research institutions to promote knowledge-sharing, entrepreneurship development, and academic enrichment. Key academic collaborators include:

 

· Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM),Pune, Maharashtra

· Entrepreneurship Development Institute of India(EDII),Gandhinagar, Gujarat

· International Agribusiness Management Institute, Anand, Gujarat

· Institute of Rural Management Anand(IRMA),Gujarat

· Indian Institute of Management(IIM), Ahmedabad, Gujarat

 

These academic partnerships facilitate expert lectures, joint programmes, case study development, research collaboration, and entrepreneurial mentoring for students.

 

The PGDM-Agri Business Management(PGDM-ABM)programme is a self-financed course, duly approved by the All India Council for Technical Education(AICTE).RICM Gandhinagar and RICM Chandigarh is offering PGDM-Agri Business Management(PGDM-ABM)programme

The grant-in-aid salary provided by the Government to RICM Gandhinagar is 168.96 lakhs and RICM Chandigarh is 189.75 lakhs in the FY 2024-25.

 

RICMs (Bangalore, Chandigarh, Gandhinagar, KalyaniandPatna) undertake training and capacity- building programmes in rural and semi-urban areas. The details of Capacity Building Programs conducted by all five RICMs under NCCT is given below.

 

YEAR

Capacity

Building Programs

No. of Participants

2022-23

928

51657

2023-24

1106

62781

2024-25

1113

82645

Total

3147

197083

 

This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Lok Sabha.

  1. To develop competent agri-businessmanagerswithdecision-makingandleadershipcapabilities.
  2. To equip students with managerial skills relevant to agriculture, cooperatives, and allied sectors.
  3. To promote applied learning through case studies, field exposure, and institutional linkages.
  4. To support agri-based organizations with consultancy and policy-oriented solutions.