Hello Virendra,
Following is the eligibility criteria to be eligible for PhD in statistics offered by IGNOU this year:
It nowhere mentions that an equivalent degree will be considered. Also, since PG Diploma in Statistics offered by IGNOU is for a year while masters are usually for two years so they can't be considered equivalent, unlike PGDM. Still, I would ask you to check with IGNOU since IGNOU does not offer any masters course in the subject.
Hope this answers your query, feel free to ask for more info.
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