An extract from YCMOU website
"Yashwantrao Chavan Maharashtra Open University (YCMOU) was established on 1st July, 1989 through Act XX of 1989 of the Maharashtra State Legislature, justly named after Yashwantrao Chavan, Maharashtra's great political leader and builder of modern Maharashtra….
Due to statutory powers conferred by an act XX (1989) of Maharashtra state legislature and the recognition by the 'University Grants Commission of India', this university is fully empowered to award various academic certifications like certificates, diplomas, and graduate, post-graduate, doctoral degrees. This university also takes all precautions, at all programme stages from 'Curriculum Design' to 'Examination', to ensure that the standards and quality of, education and examinations are preserved. The curriculum of these programmes is designed for Equivalence, with respective similar academic programmes, offered by other statutory universities of various states.
All these degree and post-graduate degree programmes are duly recognized and approved by the 'University Grant Commission (UGC)'. Hence, these programmes are equivalent to the respective programmes offered by any other statutory university in India, for the purpose of employment, promotion and further education. In this respect, the status of this university is at par with all other statutory universities of India."