Today we are living in the age of information is a dynamic and unending resource that affects all disciplines and all walks of like. Information also supports education, research and development. Libraries function as an essential integral component in higher education system. The main functions of a library is to acquire information from various sources and arrange, process and disseminate them to satisfy the needs of students, academicians and researchers in the right form at the right time. Academic libraries in India are facing a lot of problems due to static budget and exponential price hike of library collections.