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i want to know which is good
This is a very common confusion in the minds of the students and parents too. Basically you need to understand that AICTE is a governing body for technical courses like engineering, management, pharmacy, etc. A University is a statutory body which conducts the courses, examinations and awards degrees and convocations. AICTE cannot award a degree but a University can. In India Management courses are regulated by both AICTE and Statutory Universities and also through Deemed Universities. Courses like PGDBM, PGDM, etc are approved by AICTE and these courses are offered by Institutes and not Universities. An MBA needs to be offered only University affiliated and recognised Institutes. Therefore an PGDM may not be an MBA as a masters degree status. For pursuing a PhD it is recommended by many Universities that one should have Masters degree rather than a PGDM. PGDBM course is a course which is regulated by AICTE and also given by a university as a post graduate diploma in business management. So your question as to which is better, I would say that those tow cannot be compared at all. Both have their distinct status, however generally the syllabus and course structure of PGDM or MBA is the same everywhere.
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