# Interest-free loans for modern deep-sea fishing boats

- ID: P05-B-13#1
- Page: https://sollumseyalum.web.app/promise/p05-b-13-1 (Tamil: https://sollumseyalum.web.app/ta/promise/p05-b-13-1)
- Pillar: 5. Welfare of Farmers, Agricultural Labourers and Fisherfolk
- Section: B. Fisherfolk Welfare
- Manifesto page: 47
- Stage: In the budget (Named in the budget speech; an amount may or may not be given)
- Last recorded: 5 Aug 2026
- Data licence: CC BY-NC 4.0. Curated commitments, translations, evidence links and stage analysis compiled by Sollum Seyalum (https://sollumseyalum.web.app).

## Promised in the manifesto

Interest-free loans will be provided to fisherfolk to purchase deep-sea fishing boats equipped with modern processing facilities.

## Where it stands

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 speech · Revised 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. ([Open the document (Budget speech)](https://sollumseyalum.web.app/docs/budget_speech.pdf#page=38))

> 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.