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Respected all,
Please give your advice about the academic budget how to allocate and what is the process for allocation.
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Dear Sri Rajendra Appaso Malgave,
I have gone through your post. Since you have not mentioned the type of your Library, It is not possible to specifically prepare the budget. However, I am providing a general structure and you may allocate requisite amount wherever applicable. But please keep in mind that you have to justify each item if necessary. So be careful of the fact and estimate with practical sense.
Budget for
Books (Print copies)
Books (e-books) (a) Renewals wherever applicable (b) New additions
Journals (Print copies) (a) Renewals (b) New Subscriptions
Journals (e-Journals) (a) Renewals (b) New Subscriptions.
Reports Hard copies & Soft Copies
Databases
Software (renewal) +AMC + New Purchase
Logistics: Computers, Printers, Accessories
Furniture/ Racks/Almirahs
Staff Training
Miscellaneous/ Others
Please note that for payment in Foreign Currencies, put the amount in particular currencies for each item separately. It will help you if the rates rise. Alternately use the word Rupee (INR) equivalent of then name the currency & amount.
I hope I could explain your query.
Sincerely,
Siddhartha S. Ray, Calcutta
Thanks Siddhartha Sir
Thank you very much sir. i am working in Industrial library. I have qualified Net & Set exam. when i was in interview in college library the question was asked me how you prepare the academic library budget.
There you are Sri Malgave,
In many industrial Libraries patents constitute a significant part of Library resources as part of R&D sections. While sometimes, stock market literature are included. It depends upon the natures & types of Libraries. In Pharmaceutical industries, Pharmacopeias are essential so also their addendum. Thus you see, your collection development policies are significantly different from those of academic Libraries where multiple copies of same books for different departments are customarily purchased (to accommodate students' demands) and budgets are prepared accordingly. In my previous post I have missed the patent as an item.
To sum up, you first check your existing resources. Know how often they are acquired. See the users' approach. Often they are important indicators for acquisition of resources. Then gradually, you will understand what you have to order and when. I am confident that soon you will be a seasoned & competent Librarian.
Good Luck to your endeavour.
Siddhartha S. Ray, Calcutta
thank you sir.
Dear Sir,
I attached herewith one file, I hope which will help you to prepare your library budget.
thank you sir.
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