The old notion of possession in collection development is gradually being replaced by access to information and knowledge without favour to site and format. Resource sharing among libraries has become the mutual aspiration and practice. Increase in the volume of library materials and information, the increasing costs of acquiring and processing them, the need for trained personnel, storage space, and the increasing demands by users are motivating factors for libraries to share books, journals, preprints, catalogues, list of publications, recent additions, newsletters, policy decisions, current events, news flash, etc. Agreeing to Sangal (1984). “The present race between knowledge and book production has made it impossible for any library, however big it may be, to acquire all the printed literature in the world even on the smallest area of the spectrum of knowledge, or to cope with even a fraction of the daily production of literature”