<b>Library Consortia A new way of Resource Sharing in Networked Era</b> The advancement of technology on one side and its application in libraries to other side, leads to the changes in libraries from single platform to network based system of libraries such as library consortia. The present paper highlights the concept and meaning of library consortium, why the library consortium is needed, features of library consortium. The attempt has also been made to discuss some models of consortium, and prerequisites for formation of library consortium with issues related to library consortium etc. 127-129 International Conference on Digital Economy and its Impact on Business and Industry Special Issue Mr. Jadhav S. L | Mr. Yadav R. D