"The President this morning has ordered the release of all Indian fishermen," Wijayananda Herath, a presidential spokesman told PTI.
"There are 98 fishermen and 62 boats to be released. The President's instructions have gone to the Attorney General's Department and the Ministry of Fisheries to make the necessary arrangements for their release," Herath said.
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India was one of the 12 nations that abstained at yesterday's UNHRC vote on the resolution which has prescribed an international probe into Sri Lanka's alleged rights abuses.
Rajapaksa hailed India's abstention as a very welcome and significant development which was very encouraging towards Sri Lanka.
India had supported both previous US-moved resolutions in 2012 and 2013.
The resolution, which called for an international probe into alleged war crimes during the civil war that ended in 2009, was adopted with a 23-12 vote with 12 abstentions, including India, in the 47-member UN Human Rights Council at Geneva yesterday.
Sri Lankan External Affairs Minister G L Peiris also hailed India's stand.
"India for example, they had voted in favour of the US both in 2012 and 2013. They departed from that course of action this time. This is a very significant development," Peiris said.
India said the resolution imposed an "intrusive approach" of international probe mechanism which was counterproductive apart from being "inconsistent and impractical".
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