Huge losses: Booksellers face the brunt of FYUP rollback | india | Hindustan Times
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Huge losses: Booksellers face the brunt of FYUP rollback

india Updated: Jul 04, 2014 01:42 IST
Delhi University

While many students and teachers celebrate the rollback of the Four-Year Undergraduate Programme (FYUP) and others still fight for it, book sellers are facing the brunt of this huge structural change that Delhi University has made once again.

Book sellers are in a fix as they have to bear the losses due to unused the FYUP books’ stock. Since FYUP has been scrapped, the course books are likely to be the same as those that were used earlier for the three-year set up — making the ones used for the foundation courses during the FYUP useless.

“I have around 2,500 books that were in use during FYUP, but are of no use now. Due to constant changes happening in the university, we had to bear losses last year and now this year as well. Normally, people sell off their old books and we resell it at lower prices but this cannot be done in this case,” said Rakesh Rastogi, owner of Bookland.

The spare books have now become piece of scrap papers to be sold at negligible prices. “My stock between Rs 60,000-1 lakh rupees has turned valueless.

When FYUP was introduced, we had to face losses due to the syllabus change but now we might sell those old copies again. But the FYUP course books are a total waste now,” said Avtar Singh Datta, owner of Datta Book Centre.

A few booksellers were more clever because they decided to keep limited stock of the books of the controversial FYUP. “Since FYUP was always in controversy, I was unsure about how long the course will last. For this very reason I never ordered a surplus stock of FYUP books and hence the rolling back did not affect my business much,” said SM Katial from University Book House.

The aftermath of the FYUP has made some of the book sellers sceptical about what books to stock up for the coming session since they are unsure of the syllabus.

“The syllabus is not confirmed yet and so I am not stocking up on any books for now. I have already suffered a loss of around Rs 1 lakh rupees earlier when the course was changed to FYUP,” said SS Tulsi from International Book House.