Sustained weakness in the rupee has posed a challenge to the country's academic institutions. With the rupee around 60 a dollar, the cost of foreign books and journals are feared to escalate. The recent fall in the Indian currency has prompted libraries of many premier institutes to either reconsider orders for foreign books and journals or look for a local alternative.
This, according to experts, has raised concerns about the quality of academic output from institutions.
Though most libraries in the country are associated with the University Grants Commission (UGC) for online journals, many of them still remain vulnerable to currency fluctuations due to their dependence on international periodicals and books.
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