This article discusses how the government hopes that fair trade will help to alleviate some of India's economical problems. Recently there has been an alarming amount of farmer suicides due to the unreliable weather and abrupt rain storms. It seems that farmers have given up on the trade of farming all together and it is making a serious dent in India's agricultural business. The government hopes that by implementing fair trade they will be able to spark an interest back into the farming trade. They also hope to decrease the growing wealth gap between the rich and poor. All together India is taking a chance by using fair trade to strengthen the farming industry and stop a slew of economical issues.
http://www.theguardian.com/global-development/poverty-matters/2013/nov/21/india-fairtrade-rich-poor
Do you think fair trade will be effective for stopping farmer suicides?
What effect do you think fair trade will have on the economy?
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