India has nothing to gain and everything to lose with this block.
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But yes, not a good look to bend down to foreign publishing companies. They should have told them to f off.
Then the universities have to pay a 3rd party both to publish said research and to get access to research done by others in the same field.
Even though it is free for researches/students it costs universities (and therefore indirectly taxpayers) multiple millions $/year.
Fuck that. Also, after the scandals of predatory practices (e.g. https://top2percentscientists.com/peer-review-payment-scanda...) is there really a benefit in using the services these society leeches provide?