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The purpose of the paper is to evaluate print and electronic resources of TERI’s Library and Information Centre (LIC) with an aim to maximize the net marginal benefits and minimize net marginal costs, without compromising the quality of the library resources.

The parameters considered for analyzing the value of the library resources for this exercise were resource access costs, strategic value of the resource based on subject area coverage, frequency of use, citations, direct and indirect benefits to users. The data regarding these parameters were provided from wide range of sources (both tangible and intangible), to come out with the qualitative and quantitative assessment through an optimization and simulation based model.

Out of the total holdings in TERI LIC that were analyzed, 85 percent of book collections and 63.5 percent of journals were found to be useful for the researchers. The least-used books and journals were identified for weeding to optimize the value of library for users and make space for new and topical library collections.

A sample of data sources out of the total library collections was defined for the evaluation.

The paper demonstrates the value of library resources that is of critical importance to libraries for an effective and efficient delivery of services for generating future knowledge. Evaluating the value of libraries resources has implications both for librarians as well as library users.

The evaluation exercise established the efficacy of the TERI library holdings for research and academic purposes in the domain of sustainable development. The library collection was found to be cost effective and beneficial to meet the future demand from the user community.

The purpose of this paper is to report on the 53rd Annual Meeting of the Indian Library Association (ILA) held during December 13‐16, 2008 in Hyderabad.

This is a descriptive report.

The meeting discussed “Developing library and information resources and services in the internet era”, comprising “Public library as a community information centre/knowledge centre”, “Legislation for libraries in the internet era”, “Library 2.0 and Web 2.0”, “Collection/resource development policies”, “Management and evaluation of collection”, “Print and digital publications issues”, “Knowledge management and knowledge society” and “Open sources”.

Will be of interest to library and information professionals.