https://indianpedia.org/index.php?action=history&feed=atom&title=Long_Term_Irrigation_FundLong Term Irrigation Fund - Revision history2026-07-31T07:28:48ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Long_Term_Irrigation_Fund&diff=92021&oldid=prevCleanupBot at 17:01, 1 June 20212021-06-01T17:01:20Z<p></p>
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The '''Long Term Irrigation Fund''' (LTIF) is a fund under the [[National Bank for Agriculture and Rural Development]] (NABARD) for implementation of major and medium [[Irrigation in India|irrigation]] projects in India. <br />
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== Operations ==<br />
It was announced by [[Minister of Finance (India)|Union Finance Minister]], [[Arun Jaitley]] during the [[2016 Union budget of India|Union Budget Speech 2016-17]] with an initial corpus of Rs. 20,000 crore.<ref>{{Cite web|url=https://www.nabard.org/content1.aspx?id=655&catid=8&mid=488|title=NABARD - National Bank For Agriculture And Rural Development|website=www.nabard.org|access-date=23 August 2018}}</ref> In the [[2017 Union budget of India|2017-18 budget]], another Rs. 20,000 were allocated.<ref>{{Cite news|url=https://www.business-standard.com/article/government-press-release/budget-allocation-for-water-resources-ministry-increased-by-more-than-11-117020101088_1.html|title=Budget Allocation for Water Resources Ministry increased by more than 11 percent LTIF Corpus Doubled|last=Delhi|date=1 February 2017|work=Business Standard India|access-date=23 August 2018}}</ref> In addition, Rs. 5,000 crore were allocated for encouraging micro irrigation.<ref>{{Cite web|url=https://www.nabard.org/auth/writereaddata/WhatsNew/1002175603The%202017-18%20Budget%20and%20NABARD%20%E2%80%93%20Irrigation.pdf|title=The 2017-18 Budget and NABARD – Irrigation|website=NABARD|access-date=23 August 2018}}</ref><br />
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During 2016-17, the LTIF sanctioned Rs. 49,889.60 crore and released Rs.9,086.03 crore.<ref>{{Cite web|url=https://www.nabard.org/auth/writereaddata/WhatsNew/1210170759For%20WebsiteupdatesonLTIFason03Oct17.pdf|title=Long Term Irrigation Fund (LTIF) - long term benefits for Indian irrigation|website=NABARD|access-date=23 August 2018}}</ref><br />
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In 2018, NABARD sanctioned 12,773 crore to Maharashtra for 26 projects.<ref>{{Cite news|url=https://www.dnaindia.com/india/report-maharashtra-gets-rs-12k-cr-nabard-loan-for-26-pending-irrigation-projects-2580679|title=Maharashtra gets Rs 12k cr Nabard loan for 26 pending irrigation projects|date=2 February 2018|work=dna|access-date=23 August 2018}}</ref><br />
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The LTIF has identified 99 projects to fund in 18 states. In addition, it funds the Polavaram National Project in [[Andhra Pradesh]] and North Koel Reservoir Project in [[Bihar]] and [[Jharkhand]].<ref>{{Cite web|url=https://www.nabard.org/auth/writereaddata/WhatsNew/30051851351EngWebsiteupdatesonLTIFason30May18edited.pdf|title=Long Term Irrigation Fund (LTIF) - long term benefits for Indian irrigation|website=NABARD|access-date=23 August 2018}}</ref><br />
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==References==<br />
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[[Category:Agricultural finance in India]]<br />
[[Category:Irrigation in India]]<br />
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