17 banks, Rs 7,000 crore in fixed deposits: India’s richest village Madhapar and the surprising story behind its extraordinary wealth
Imagine a village with 17 bank branches, where residents collectively hold fixed deposits worth around Rs 7,000 crore. This is not a description of a wealthy urban neighbourhood. It is Madhapar, a village on the outskirts of Bhuj in Gujarat’s Kachchh district. Madhapar has frequently been described as Asia’s richest village, based on the enormous … Read more