Payment of Ex-Gratia to the Families of Suicidal Weavers 2026

This Tamil Nadu scheme offers financial help to farmers to buy fishing boats, with loans available from Read More... ₹15,000 to ₹60,000. Read less

Details

Looking to upgrade your fishing setup or start a new venture? The Tamil Nadu government, through its Co-operation, Food and Consumer Protection Department, has a scheme that can help fishermen acquire essential equipment.

What Is This Scheme?

This initiative, managed by the Primary Cooperative Agriculture and Rural Development Bank, is designed to provide financial support specifically for buying fishing boats, particularly Catamarans. It helps fishermen get the loans they need to invest in their livelihood.

Who Can Benefit From This Scheme?

The scheme is aimed at individuals who are residents of Tamil Nadu and are actively involved in farming and fishing. If you're a farmer who relies on fishing for income and wants to purchase a Catamaran boat, this scheme could be for you.

Why This Scheme Is Important

Access to reliable boats is crucial for effective fishing. This scheme empowers fishermen by providing them with the necessary funds to acquire sturdy and efficient fishing vessels, thereby boosting their productivity and income potential.

Objective

This Tamil Nadu scheme offers financial help to farmers to buy fishing boats, with loans available from ₹15,000 to ₹60,000.

Benefits

Financial Assistance

An ex-gratia payment of ₹ 1,00,000/- to the family/next of kin of the deceased weaver.

Loan settlement up to a ceiling of ₹ 50,000/- to the creditors as a one-time settlement.

The ex-gratia amount will be deposited in a joint bank account of the Assistant Director (H&T) of the concerned district and the legal heir, operated by the officer concerned.

The loan settlement will be paid under proper acknowledgement to the entitled person(s) identified by the committee, with no further liabilities on the deceased family.

Rehabilitation Package

Admission of children in Social Welfare schools and hostels.

Allotment of houses under the Indira Awaas Yojana Scheme.

Economic support under government schemes.

Pensions and other social security measures.

Future weaving operations and marketing of cloth produced by the family will be decided by the territorial officer of the Handlooms and Textiles Department and the District Magistrate Officer, Andhra Pradesh State Handloom Weavers Cooperative.

Preventive Measures

A helpline will be operational at every Collectorate to provide counselling and support to weavers in distress.

Preference will be given to such cases in extending benefits of ongoing government schemes related to weaving.

Sources and references

Guidelines

Eligibility Criteria

You must be a permanent resident of Tamil Nadu.
You should be identified as a farmer.
You must be actively engaged in fishing activities.
You should be willing to take a loan for purchasing Fishing Boats (Catamarans) from the Primary Cooperative Agriculture and Rural Development Bank.
The loan amount must be used exclusively for the purchase of a fishing boat (Catamaran).

How To Apply

Visit your nearest Primary Cooperative Agriculture and Rural Development Bank branch.
Inquire about the 'Fishing Boats (Catamarans)' loan scheme.
Complete the application form provided by the bank.
Submit the form along with all the required documents.
Follow the bank's procedure for loan sanction and disbursement.

Documents Required

Identity proof (such as Aadhaar Card, PAN Card, etc.)
Proof of your current address
Evidence of your occupation as a farmer or fisherman (e.g., a relevant certificate or fishing license)
A valid Fishing License, if applicable in your region
Any other documents that the bank may specifically ask for

FAQ’s

What is the main goal of this loan scheme?

The primary aim of this scheme is to offer financial assistance to farmers for buying fishing boats, specifically Catamarans. The loan amounts range from ₹15,000 to ₹60,000, and the interest rate can vary.

Can a fisherman get a loan under this scheme?

Yes, if you are a farmer residing in Tamil Nadu and engaged in fishing activities, you are eligible to apply for this loan to purchase fishing boats.

How much money can I borrow for a fishing boat?

You can avail a loan for your fishing boat (Catamaran) with amounts ranging between ₹15,000 and ₹60,000.

What is the current interest rate for the loan?

The interest rate for the loan is determined by the bank's policies and is subject to periodic updates. It's best to check with the bank for the latest rates.

Do I need a specific license to apply for this loan?

A fishing license might be required as part of your application, depending on the specific rules set by the bank and local regulations.

What kind of proof do I need to show about my farming or fishing work?

You'll likely need to provide proof of your agricultural occupation. This could include documents like a fishing license or other certificates that confirm you are a fisherman.

How can I apply for the loan for a fishing boat?

To apply, you need to visit the nearest branch of the Primary Cooperative Agriculture and Rural Development Bank, fill out the necessary application form, and submit it with all the required documents.

Are there any specific community or income requirements to get this loan?

The scheme does not mention any specific community or income criteria for applicants. The focus is on your residency and engagement in fishing activities.

Is this scheme sponsored by the government?

Yes, this scheme is supported by the state government, implemented through the Co-operation, Food and Consumer Protection Department of Tamil Nadu.

What specific type of boat can I buy with this loan?

The loan is specifically intended for the purchase of fishing boats, with a focus on Catamarans.