All promises › Welfare of Farmers, Agricultural Labourers and Fisherfolk › Fisherfolk Welfare
Interest-free loans for modern deep-sea fishing boats
Promised in the manifesto
Interest-free loans will be provided to fisherfolk to purchase deep-sea fishing boats equipped with modern processing facilities.
From the manifesto: Porul (Wealth) › 5. Welfare of Farmers, Agricultural Labourers and Fisherfolk › B. Fisherfolk Welfare, see page 47
Where it standsIn the budget
In the budget speech on 5 Aug 2026.
The government set aside Rs 12 crore as an interest subsidy for fishers purchasing deep-sea fishing boats.
So far
Interest subsidy for traditional fishermen with an allocation of Rs 12 crore.
Not yet seen
The provision of full interest-free loans is not yet confirmed.
Summary written by AI from the documents below, with figures checked against them.
Documents behind this
- 5 Aug 2026 · Budget speechRevised Budget speech 2026-27, page 38
- The Government will provide interest subsidy to traditional fishermen purchasing deep-sea fishing boats equipped with modern processing facilities, with an allocation of Rs.12 crore.
Sources are government releases, budget papers and orders. They show what the government says it will do or has done. They are claims, not independent confirmation. "Nothing recorded" means nothing in our sources, not that nothing was done.
See this promise in the app (English and Tamil)
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