Which is a better option, Goa Institute of Management or SRCC, Delhi GBO programme?

The worth of a certain course is determined by what you are expecting from the course. GIM PGDM course offers a general comprehensive view of Management whereas SRCC Delhi GBO offers a less comprehensive course. GBO has been losing its charm and is going through a very bad phase. GIM on the other hand is recovering fast and is reestablishing its value. 

Talking about fees, GIM has higher fees than GBO. This might be an important factor for you so with both options carefully before making the final decision.