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Long Term Irrigation Fund

Long Term Irrigation Fund is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Long Term Irrigation Fund rather than just read about it. In short: 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 projects in India. Operations It was announced by Union Finance Minister, Arun Jaitley during the Union Budget Speech 2016-17 with an initial corpus of Rs. 20,000 crore.

Key takeaways

  • Long Term Irrigation Fund belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Long Term Irrigation Fund to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Long Term Irrigation Fund from memory before moving on to harder problems.

Reference excerpt

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 projects in India.

Operations It was announced by Union Finance Minister, Arun Jaitley during the Union Budget Speech 2016-17 with an initial corpus of Rs. 20,000 crore. In the 2017-18 budget, another Rs. 20,000 were allocated. In addition, Rs. 5,000 crore were allocated for encouraging micro irrigation. During 2016-17, the LTIF sanctioned Rs. 49,889.60 crore and released Rs.9,086.03 crore. In 2018, NABARD sanctioned 12,773 crore to Maharashtra for 26 projects. 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.

References

Worked examples

Example 1 — a first encounter with Long Term Irrigation Fund

Start with the simplest possible case. Write down what Long Term Irrigation Fund claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Long Term Irrigation Fund before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Long Term Irrigation Fund ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Long Term Irrigation Fund

In research
Long Term Irrigation Fund appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Long Term Irrigation Fund in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Long Term Irrigation Fund is common in secondary-school and first-year university syllabi. It links to neighbouring topics Agricultural finance in India, Indian agriculture stubs, Irrigation in India, so understanding it makes those chapters shorter.
In everyday life
Look for Long Term Irrigation Fund outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Long Term Irrigation Fund in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Long Term Irrigation Fund means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Long Term Irrigation Fund out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Long Term Irrigation Fund in simple terms?

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 projects in India. Operations It was announced by Union Finance Minister, Arun Jaitley during the Union Budget Speech 2016-17 with…

Why does Long Term Irrigation Fund matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Long Term Irrigation Fund?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Long Term Irrigation Fund.

Tags

  • Agricultural finance in India
  • Indian agriculture stubs
  • Irrigation in India

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