India has a company, where peons and executive are more than millionaires


If you get bored with the news of the Goods and Services Tax (GST), then this news may give you a little bit of relaxed. There is a company in India where employees’ salary is between 10 to 20 thousand rupees but all are millionaires. You may feel a bit upset about this but it is 100% true. According to media reports, this unique company is located in Sanand, Ahmedabad, named Raviraj Foils private limited. Interestingly, there are millions of rupees in the bank account of the workers who work till wages. Now you are thinking, how can it be so. Or you may be thinking that the bank’s mistake may have resulted in a transfer of Rs crores in the accounts of its employees for some time, but it is not so.

Actually, the company acquired land to set up a factory in Ahmedabad, by Ravi Raj Foils Limited. According to the promise made by the company, the people who took the land have given their jobs in their factory. As a compensation for land acquisition, people of the village have received crores of rupees. At the same time, he also employs supervisors, security guards, phone man, labourers, etc on the basis of their merit. In this factory, 300 employees work, in which about 150 bank accounts have more than Crores.

In this area, the Gujarat government had acquired 4 thousand hectares of land, for which Rs 2000 crore has been allocated. Jaideepsingh Vaghela, Managing Director, Raviraj Rao Foils, says that people do not have any other source of income in this area. According to the company’s promise, the people whose land was taken was employed on the basis of their merit.

For example, Dharmender Singh Vaghela, who has a machine operator in Ravi raj Foils, has a salary of Rs 15,000 per month, but his bank account is about Rs 2 crore. Apart from this, Jagadish Rathod gets 12 thousand rupees for the job of a store assistant every month, but his account is about 1.5 crore rupees. Similarly, the salaried servant of Narendra Singh Brar is 11 thousand rupees, while he has got around four crore rupees for selling the land. Almost all millionaires workers have kept fixed deposits in banks. Interest is spent on their family and job requirements are met by other needs. This company started in 2013, almost all the employees have been working here since then.



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