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It is good to see that you have competed your +2 and now worried about your future.As you are telling that your ultimate goal is to do the MA course.Then for this purpose you have to first complete your graduation course.Now the question comes that which course should do in the graduation course?
Dear aspirant choosing a course is depend upon ones interest as well as personal liking towards that particular.B.Com and BA both the courses are good in its own position.As you are telling that you want to do the MA course, So I think you should go for the BA course rather then B.Com course.BA- Bachelor of Business Administration course is Bachelor degree course with three year duration.This course is related to management and business field.And It can help you to study in future because ultimately you have to do the MA course.
So I will advise you to go for the BA course.
!!All the Best!!

As you are a Diploma holder and want to know about the procedure for the lateral entry to Engineering. For getting admission through lateral entry, you have to clear LEET (Lateral Engineering Engineering Test). It id=s the type of Engineering Test for Diploma students who want to get admission in Engineering under Lateral Entry Scheme.
Eligibility Criteria for LEET Exam;
* You must have passed your Diploma from any Recognized Institute.
* You must get minimum of 60% in your Diploma without any backlogs
* You age must be in between 18 to 28 years.
There are few engineering Colleges and Universities which offer Lateral Entry Admission to Polytechnic students. Some of the most popular colleges are listed below.
Most Reputed Engineering Colleges/Universities offering LEET admissions are;
* Punjab University - Chandigarh
* IP University - Delhi
* Delhi Engineering College - Delhi
* Punjab University - Patiala
* KIITS University
* Thapar Institute of Engineering and Technology - Patiala
* Government College of Engineering - Pune
* Punjab Technical University - Jalandhar
* Guru Nanak Dev Engineering College - Ludhiana
* Sant Longoval Institute of Engineering and Technology - Sangrur
* Anna University - Tamilnadu , etc

UGC does not certify a university it's grants fund (not to private universities ) and pretends they are maintaining quality education. you must be talking about scam run by Sikkim Manipal University who pay hefty bribe to IGNOU VC when IGNOU used to regulate distance education.
You can pursue, you may get a degree too. To be very frank in the job market Sikkim Manipal or such institute has no value.
For government job, the respective body will ask to prove you got the degree got by appearing for exam in Sikkim in its campus only and if it is offered in strictly as per UGC order this university cannot sell even a 100 degree in a year.
As far as quality concern this institute has multiple choice question answers system.in exam. I am surprised how one get a quality education be it computer be it management be it IT by such exam pattern.
To cut short, for a tag you may go. For a quality definitely not. for wider acceptance definitely not.