17 banks, Rs 7,000 crore in fixed deposits: India’s richest village Madhapar and the surprising story behind its extraordinary wealth
Madhapar is on the outskirts of Bhuj in Gujarat’s Kachchh district. 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…