UGC and AICTE are two apex organisations that cater for the higher studies in India.
Main differences between University Grants Commission (UGC) and the All Indai Council for Technical Education (AICTE), is that AICTE basically deals with technical education.
The AICTE is only a statutory body, which deals with co-ordinated development and proper planning of the technical education system in the country. All the Engineering, MBA and Pharmacy colleges are affiliated with the All India Council for Technical Education.
When talking of UGC, it is the apex body that approves universities in the country. UGC provide funds for affiliated universities and colleges. The UGC also conducts exams, known as NET, for appointing teachers in colleges.