The Indian government will provide 150 boats and equipment to 300 fishermen in Mullaitivu, in the North-East.
The Indian high commissioner to Sri Lanka, YK Sinha signed a MoU to the effect with Sri Lanka's fisheries secretary W Adikari.
A statement by the Indian high commission said the SLR100mn project will be implemented in consultation with Sri Lanka's Ministry of Fisheries and Aquatic Resources Development and relevant local authorities.