The Institutional Repositories (IR) is a very powerful idea that can serve as an engine of change for any Institution. In this digital age, everyone wants contents and to be successful information service providers. So, Information Center and Libraries needs to develop services in such a way so that the end users may manipulate the content, as per their requirements. Therefore, in the present scenario, IR’s are become an indispensable component for information and knowledge sharing in the scholar world. IR provides a method for capturing and maintaining today’s electronic detritus so that tomorrow’s scholars can understand the thinking behind the published record. Again, for the standard IRs each and every institution should have to equip its library professionals so that they can be able to cope up with the ever-growing changes in this part. In view of the above, this paper tries to explore the contents of IRs and skill requirement for the implantations of the successful Institutional Repository. The paper also discusses the benefits, standard, sustainability & funding, legal considerations to some extents. In addition with this the paper also tries to present the Indian current scenario of the IR. Authors have also discussed about the software’s that are easily available to create and maintain in institutional repositories i.e. Open Source Software and Commercial Digital Repository Software. Further, brief about the current Indian scenario of IR and Failure of IR also discussed in brief.
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