A village in India has the distinction of being the wealthiest in the world. Madhapar village located in Kutch district in Gujarat is the richest village. There are 17 to 18 banks in this village, in which local residents have deposited Rs 7000 crore. The main reason for the economic prosperity of Madhapar village is the NRIs (Non-Resident Indians) associated with the village.
According to sources, these families, especially the people of the Gujarati community living in African countries, deposit crores of rupees in the village’s banks and post offices every year. Many residents of the village also live in countries like the UK, Australia, America, and New Zealand.
Although these people have settled permanently abroad, they are connected to their roots and invest a large part of their earnings in the village. Due to the prosperity of Madhapar, many banks have opened branches here. There are branches of 17 banks in the village, including major government and private banks like HDFC Bank, SBI, PNB, Axis Bank, ICICI Bank, and Union Bank. So many bank branches are extremely unusual for a village, but other banks are also interested in opening branches here.
Madhapur village has simple facilities like water, toilets, roads, houses, schools, ponds, and temples. Around 1,200 families from the 20,000 houses in the village live in other countries. The regular money sent by these families has greatly improved the village’s economy.
Gujarat is a leading state in trade and industry, but its prosperity is not limited to urban areas only. An example of this is ‘Madhapar village’ itself. This village is very developed not only in economic terms but also in terms of infrastructure. The people of Madhapar may live abroad, but they remain connected to their village and continue their financial support. Madhapar village’s economic and infrastructural development showcases how cultural roots, global diaspora contributions, and strategic investments can transform rural areas into thriving hubs of prosperity.
