Hy Amrita ! 

There is always a tug of war between university grants commission and all India council for technical education. Both are statutory bodies of ministry of human resources and development. If you are studying in a deemed university or in the campus of university affiliated by UGC, then even if your course is not approved by AICTE , it will not create any problem. The basic difference between the two is , ugc is for non technical and AICTE is required for the technical courses .So the comparison between the two can't be made. 

Hope you understand what I am trying to say . 

Good luck !!