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Unit 6: Library Finance




          6.2.1 Academic Libraries                                                              Notes

          Academic libraries involve the following libraries:
          (a)  University libraries: University libraries receive their funds, in varying degrees from two
               sources. They get financial support from the universities out of their own Ends and as
               special grants from both the University Grants Commission and the state governments.
               The UGC grants are mainly plan grants, whereas the state government grants are mainly
               non-plan grants. However, government grants are not given to the libraries directly.
               Usually the government gives grants to the university and then the university allots to the
               library the necessary share out of the same. Grants from the University Grants Commission
               are mainly of three types – recurring, non-recurring, and ad hoc.
               Few university libraries charge a fee from their student members for the use of the library.
               A charge or fee for library use is not made without protest from users. These days there is
               a growing feeling that the university should provide library services free of charge, just as
               it provides lecture rooms, laboratories, and other facilities free.
          (b)  College libraries: A question often asked is “How much does it cost each year to run a good
               library?” The amount will vary from college to college, depending on the nature of the
               curriculum, the quantity and quality of service expected, and the quality of the present
               collection. The total student strength in a college is another criterion to be taken into
               consideration while allotting funds for the library. The problems of financing the library
               of an established institution are very different from those of a new college. The needs of
               the former are confined to acquiring materials to remedy weaknesses and to keep the
               collection up-to-date; the latter must provide for a complete basic collection.

               There are three main sources of funds for college libraries. The principal source is the
               allocation from the current operating funds of the college. Whether the college is public
               (government) or privately controlled matters less in this connection than the amount of
               additional money the library may need during any one budgetary year. Sometimes a part
               of the Amalgamated Fund Collection is given to the college library for the purchase of
               reading materials. Occasionally some portion of the contingency grant of the college is
               made available to the library by the principal. A second source of income for college
               libraries is grants, individual gifts, and endowments. But this is not very popular in India.
               A large number of college libraries throughout our country receive grants from the
               University Grants Commission. Other sources of income for college libraries are
               subscription/membership fee charged from the students, and annual recurring and
               non-recurring grants from the state government concerned or the governing body of the
               institution.
          (c)  School libraries: Promoting a good library service in schools depends very much on
               finance. In the case of middle schools, lower fee rates for library services can be fixed as
               there will be less expensive books needed for students of lower classes. At present there
               are no fixed norms for the provision of finances to school libraries in India.
               The library fund of a school should preferably comprise a fee collected from pupils, and
               equal contribution from the management, a matching contribution from the government
               or local body, other gift or special grants that may at any time be received specifically for
               the library and donations from the public.
               The library fee collected from students should be spent exclusively on books and equipment.
               The state government or any education authority administering the school should meet
               the initial expenditure on be setting up of the school library including cost of new library




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