Electronic information sources are changing library usage patterns. The electronic medium could be the internet, intranets, extranet, satellite TV, CD ROM and etc., E-resources primarily include e-books, e-journals, e-theses, e-newspapers, e-databases and several other materials in electronic form. Open Access Journals available in electronic forms require no space at all and provides fast and easy publishing option.  There are many E-databases and all these databases have various features of searching techniques and tools, which are being used by the Librarians to help the users in finding best information in less time.  Library 2.0 is a transformation in the way library services are delivered to library users.  It provides new tools to make the library space more interactive, collaborative and driven by community needs.  A digital library is a live organization that comes to existence through a series of development steps that bring together all necessary constituents. Digital library consortium is a fast means of distance learning to facilitate spread of quality education all over the country and provide large range of e-journals to help the scholars. Libraries play an important role in effectively managing and preserving the open access resources so as to adopt to the information needs of not only today’s society but also to the future understanding of the past.

KEY WORDS: Electronic resources, Digital library, Open access, Journals, Database, Virtual resources, Technologies, Gate way