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Collection development is a most important process of a library. This process increases the reading materials of the library for the satisfaction of the reader approach. Collection development policy acts as a guide for selecting library materials. It helps to maintain library cooperation and communication between library staff. This process increases the reading materials of the library for the satisfaction of the reader approach. Collection development policies are written statements of goals and evaluative parameters to guide decision-making when adding material to a library collection. A large number of e-resources collection has become a challenge to libraries as a lot of information is now available to the public without having to visit and use the traditional library. American Library Association states that the collection development policies document which defines the scope of a library’s existing collections, plan for the continuing development of resources, identify collection strength and outline the relationship between selection philosophy and institutions goals, general selection criteria, and intellectual freedom. In electronic environment collection development policy select tools and processes, set the principles for the management of electronic resources, allocating the budget for buying of e-resources. Due to information technology, most of the libraries are involved in the sharing of the e-resources in many ways. The Collection development policy must indeed be clear whether the collection is in print or electronic form and also it should full fill the user's demand. This article tried to explore the different collection development policies for e-resources. The information provided in this article is based on secondary data. The information available in this article is a general kind of information and it is applicable in all kinds of libraries.