Cost-Benefit-Analysis Of Subscribing Indian Periodicals With Special Reference To & Punjab Agriculture University (PAU) And Guru Angad Dev Veterinary And Animal Sciences University (GADVASU), Ludhiana, Punjab

Abstract:

The paper discusses the cost-benefit analysis of subscribing Indian periodicals by Mohindar Singh Randhawa Library, Punjab Agriculture University (PAU) and Central Library, Guru Angad Dev Veterinary and Animal Sciences University (GADVASU). The objectives of the study are evaluated and measuring the cost of Journals/ Periodicals by the use of frequency of purchased Indian periodicals by the library members (i.e. faculty members, research scholars). A questionnaire-based survey was conducted among the Librarians for library budget and it’s utilized for journals subscription and second questionnaire for users of the libraries. The study also focuses on whether the journals being bought in Library are fully utilized or not and also use journals properly by the library members and properly utilize the budget for journals. For this aim, the total number of 150 and 70 questionnaires was randomly circulated among the Research Scholars (RS) and Faculty Members (FS) of PAU and GADVASU. The result state that the Cost-benefit Ratio (CBR) is 1:2.9 & 1:4.5 and Return on Investment (RIO) is 192.98% and 352.04%

Keywords: Cost-Benefit Analysis, Cost Analysis, PAU, GADVASU, Journals, Periodicals, Cost-benefit Analysis (CBA), Return on Investment (ROI), Economic value, Contingent Valuation Method (CVM), Journal collections.

Pawan, Gautam J. N.

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