In India, through on-the-ground partners, BCI trained 828,820 cotton farmers on more sustainable agricultural practices in the 2018-19 cotton season. It is these farmers - many of whom are smallholders living from one harvest to the next - along with farm workers and their communities, whose livelihoods depend on cotton production. In the face of the Covid-19 pandemic, farmer livelihoods are directly threatened. The consequences could be devastating for smallholders who lack economic stability.
"I am the only earning member in my family, and I have five family members who depend on my income," explains BCI Farmer Vaghela Sureshbhai Jesabhai. "Treatment of severe Covid-19 cases that need special medical care is expensive. Without insurance, having the virus would significantly affect my income and my family's wellbeing - it would devastate me both mentally and financially."
In response to this situation, IDH, The Sustainable Trade Initiative - an important funder and strategic partner of BCI, as well as the Better Cotton Growth and Innovation Fund manager - has funded insurance to provide income security to BCI Farmers during the Covid-19 pandemic.
"The insurance cover will provide a one-time lump sum pay-out to the insured in case s/he becomes infected with the novel coronavirus. The insurance eases the financial burden of Covid-19 infections and offsets for the loss of income farmer families may experience," explains Pramit Chanda, Global Director for Textiles & Manufacturing, IDH.
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