Hello aspirant!!
PGP stands for Post Graduate Programme
It is not a course or degree but is a programme which include all 2year post-graduation courses
PGDM stands for Post Graduate Diploma in Management.It is a diploma course offered by  All India Council for Technical Education (AICTE) recognised autonomous colleges which may not be affiliated to any University.
The PGDM Course equals to MBA if the institution is accredited by Association of Indian Universities (AIU).

Hope it helps.

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