Richest Indian village in the world! This village in Gujarat has a deposit of Rs 5,000 crore on 17 banks

Residents of Madhapar village in Gujarat have a cumulative deposit of 5,000 crore in more than 17 banks. With deposits in 17 banks and nearly 7,600 housing establishments, this village of Madhapar in Gujarat is said to be the richest village in the world.

Madhapar is located in the district of Kutch in Gujarat and is one of the 18 villages that the Mistris of Kutch established. Estimates suggest that the average per capita deposit in Madhapar is around ₹ 15 lakhs. Considering this, the inhabitants of this village could be more prosperous than half of the population of the major cities and towns of India. In addition to the 17 shores, the village has schools, colleges, health centers, temples, dams, greenery and lakes. It also has a state-of-the-art gaushala, reported News18.

Uniqueness of Madhapar

But how is this village so different from most other villages in India? Indeed, most of the village household members and their relatives stay abroad, such as in the UK, the US, the Gulf countries and Africa.

All those in the village who have moved abroad send a considerable amount of money to their families and relatives who remain in Madhapar. In addition, many of these Non-Resident Indians (NRIs) have earned a huge amount of money overseas and returned to the country. They started their businesses in the village.

Root adhesion

According to reports, an organization known as the Madhapar Village Association was established in London in 1968. The purpose of this organization was to facilitate the meeting of Madhapar residents who live abroad. In order to establish smoother connectivity between the villagers, an office with a similar purpose was also opened in the village.

Although several villagers have lived and worked abroad, they have always kept their roots deeply rooted in the soil of Madhapar. They prefer to put their money in the banks of their village, rather than in the country where they currently reside. The main occupation of the village is still agriculture, and the products are exported to Mumbai.

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Christina A. Kroll

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