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PG Degree is generaly refered to as Master's Degree (such as MBA degree) and can be provided only by a University. Whereas PG Diploma is valued less than PG Degree, with exception of IIM's (which provide PGDM), which can be provided by any Institute affiliated / registered with Education department of Indian government.

In short, PG Degree is anytime more valued than PG Diploma.

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Q: What is Difference between in PG degree and PG diploma in India?
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