Dissemination of Scholarly Literature through ‘OA’ Channels: Economic Issues _____________________________________________________________ Ms. V.J. Suseela Asst. Librarian (Sr. Grade), IGM Library, University of Hyderabad Abstract The paper discusses the concept of ‘open access’ as an outcome of the librarian’s/researcher’s frustration against the rising cost of scholarly literature and inability to access or archive the research articles due to publishers restrictions. Since the journal publishing involves costs, the economic aspects of scholarly publishing are highlighted describing the methodologies adopted by open access as well as traditional journal publishers to meet the publication costs. In this context, the few open access publishing initiatives in India are described citing the efforts of supplementary services to outreach this precious literature to academic as well as research community. In view of the increasing availability of free peer-reviewed literature, it is suggested to refine the existing open access options to make it more viable to authors, publishers, institutions and researchers to take the movement to optimum level. 1. Introduction: Information is the essential ingredient for the scientific, technological and cultural development of the Society. Scientific societies, academic institutions, commercial publishers, socio-cultural organizations, government and non-government organizations have been playing a vital role in generating and disseminating peer-reviewed scholarly content through various regular channels of publication viz. journals, conference or seminar papers, patents, reviews etc. contributing to the development of the knowledge, information and growth of the literature and also disciplines. The recent emergence of internet, WWW and electronic versions of documents have been transforming the