look news india
Asia’s richest village: Madhapar village located in Kutch district is known as the richest village in Asia. This village is so rich that the villagers have about Rs 7000 crore deposited with them. The biggest reason for the economic prosperity of this village is NRIs.
- People of Gujarati community living in African countries deposit crores of rupees in village banks and post offices every year. Apart from this, many residents of the village also live in countries like UK, Australia, America and New Zealand.
- Although these people are permanently settled abroad, they remain attached to their birthplace and invest a large part of their earnings in the village. Due to the prosperity of Madhapar, many bank branches have opened here.
- There are branches of 17 banks in the village, which include major public and private banks like HDFC Bank, SBI, PNB, Axis Bank, ICICI Bank and Union Bank. It is highly unusual for a village to have so many bank branches but other banks are also interested in opening branches here.
- Madhapar village has all the basic facilities like water, sanitation, roads, bungalows, school, lake and temple. The village has about 20,000 households, of which about 1,200 families live abroad. The economy of the village has improved significantly due to the continuous flow of money from abroad.
- Gujarat is a leading state in trade and industry, but its prosperity is not limited to urban areas. An example of this is ‘Madhapar village’. This village is highly developed not only economically but also in terms of infrastructure. Even though the people of Madhapar live abroad, they remain connected to their villages and continue their economic support.