While we get to read about Fairtrade practices in India, which is a hyped topic these days, it's for sure that you must also be thinking of genuineness and fairness of this practice. With this question in mind, it definitely needs some spotlight and detailing as to what actually happens in a Fairtrade practice and who gets the benefit out of it.
Fairtrade is an old practice prevalent in India through which farmers are able to sell their produce to developed markets, which gives them the opportunity to get respect and share in international trading as well. Fairtrade practices in India give chance to farmers to get better prices for their products in fair trade markets abroad and, thus, provides them with local sustainability. There are forums who take care of pricing parameters in fair-trade practices so that farmers do not earn lower than minimum fair-trade price and there is also a control mechanism that works towards improving lifestyle of farmers.
Fairtrade enables farmers to pick themselves up from the poor living conditions and not compromise in terms of basic living. There are pre-financing options made available to farmers. Products that are traded as certified fair-trade products include tea, cotton, rice, spices, nuts, etc. With fair-trade growing at a fast pace, goods are being priced ethically and also, organic food items are gaining more recognition. Selling products is no more just limited to consumerism, fair pricing is of equal significance.There is an organization working as an independent certification body for fair trade products and gives its mark of fair-trade certification for adding value to this technique of trade and building trust between buyers and sellers.
Apart from benefits of fair-trade pricing method, socially, fair-trade practice helps to eliminate child labor by providing monitored working conditions. Even, the fair gender that is women, are encouraged to work as producers and laborers and have equal rights to take their own decisions on fair-trade practice.
Fairtrade practice in India is not just supporting tough business of agriculture, but also, it is making consumers aware of inputs they can give in growing markets for Indian farmers. Buying fair-trade certified product will give a boost to this most important segment of the Indian economy that is – agriculture. So, don’t wait and wake up to giving better life to people who deserve it!