When you think of a rich place, you’d usually imagine an extremely developed region, with cutting-edge technology, luxury facilities, global brands, and whatnot. Urban, metropolitan, million-dollar domestic and international company headquarters, prestigious universities, and such all work towards making a place rich in the economical sense.

Seldom would one think that a ‘village’ of all places could be rich in the basic sense of the word. But that is exactly what is the status of Madhapar, a village set in the Kutch district of Gujarat. Madhapar is reportedly one of the richest villages in not just India but almost the whole world, having bank deposits worth a whopping Rs. 5,000 crore.

Richest Village world

What Is This Rich Village?

Madhapar is among the 18 villages that were created by the Mistris of Kutch community. The village was named after Madha Kanji Solanki who settled there sometime between 1473–1474.

Over the years the Patel Kanbi community set up roots in the village in around 1576 AD. Currently, the village has around 7,600 housing structures and a population said to be over 92,000 people.

Madhapar itself is around 3 km away from the town of Bhuj and it has gotten some new check dams, lakes and artesian wells along with temples, health centres and more.

However, that is not its most unique feature, it is the fact that as per reports it is considered to be one of the wealthiest villages in practically the entire Southern Asia.

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It has a GDP of around $132,000 per person, 17 banks in its region, and a total of Rs. 5,000 crore worth of deposits in these banks from all the people of the village.

Madhapar is also said to be one of the richest villages in the entire world, what with it having Rs. 15 lakhs of per capita deposit on an average.

One of the reasons for all this wealth there is the high number of NRI (non-residential Indians) that come from this region. Over 65% of the people who come from this place reside abroad in places like the  USA (United States of America), Canada, the UK (United Kingdom), Arica, and even the Gulf countries.

These NRIs, who mostly come from the Patel community, frequently send back large amounts of money to their family members who are still living in Madhapar.

Not just that, but in 1968 the Kutch Madhapar Karyalay or Madhapar Village Association was also established in London that works towards connecting people from this region who live outside of India and allow them to have a sense of community.

The village itself still has agriculture as a prominent form of revenue with most of the produce being exported to Mumbai. They mostly produce things like sugarcane, corn, and mangoes.

Image Credits: Google Images

Sources: News18, Wikipedia, Times of India

Find the blogger: @chirali_08

This post is tagged under: Richest Village India, Richest Village, Madhapar, Madhapar gujarat, Madhapar village gujarat, richest village in the world, gujarat, kutch, village, Madhapar Village Association, Kutch Madhapar Karyalay 

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