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Galloping speed of technological development and intense research activities in ICT over last couple of decades has facilitated opportunities of rapid expansion in creation, distribution and consumption of educational resources across the world. While fulcrum motivational factor for such technological advancement is indeed profit driven, a substantial gain has also been drawn by academic communities using the same set of technologies for greater social good. Open Source Software, Creative Commons, Open Access Initiatives have paved the way for Open Educational Resources (OER). With these impetuses, nations are trying to bridge the gaps between information have and haven’t and reduce the digital divides amongst its communities. This discourse attempted to explore and review the historical perspective of OER, major global and national initiatives and attempted to peeped in to future scope of expansion.