Libraries are regarded as vast repositories of information that have accumulated from academic works throughout time. These preserves contain intellectual information and convey it to future generations. This study discusses the current portrayal of government and private efforts in higher education and the involvement of libraries in advancing the use of these initiatives for teaching, research, and extension activities in Higher Educational Institutions (HEI). This research conducted a comparative analysis of libraries' financing and resource management in Indian HEI. The empirical investigation used a questionnaire-based research design. The research used a sample size of 100, selected by the purposeful sampling method. The questionnaire served as the primary tool for gathering data. The insights gained were analyzed using one-way Analysis of Variance (ANOVA). The examination showed that the noticed funding source significantly impacted various aspects of university libraries in India. This includes the distribution of knowledge resources, the preservation of library amenities, accessibility to human resources, and the provisioning of library amenities. These data suggest that librarians should consider other financing methods, if needed, to enhance their services. Additional endeavors should be undertaken to tackle the problems of the growth of human resources, acquisition of facilities, and their subsequent upkeep. Ultimately, it is crucial to include the university librarian in the strategic planning of HEI.