Every household in Bomja village in Arunachal Pradesh's Tawang district became rich overnight, thanks to the payment released by the India's Ministry of Defence toward acquisition of their land for the Army.
Cheques worth Rs 40.8 crore were issued to 31 families of Bomja village as compensation for acquiring a little over 200 acres of land, the Hindu reported.
The highest amount paid to a family was Rs 6.73 crore. About 29 families were given more than Rs 1.09 crores and one family was issued more than Rs 2 crores.
A small ceremony was held on Wednesday where the cheques were handed over by Arunachal Pradesh Chief Minister Pema Khandu.
Kandu also used this opportunity to praise Prime Minister Narendra Modi for all the development projects happening in the state.
Thanks to this handout, Bomja has become one of the richest villages in the country. Several reports claim that Bomja could even be one of the richest villages in all of Asia.
The Army had acquire their land to set up key location plan units of its Tawang Garrison five years ago. The land acquisition is part of India's efforts to ramp up the Indian Army's presence along the western part of the state, as Tawang is also claimed by China.
India and China have been trying to resolve the border dispute for more than 20 years, but an agreement is yet to be reached.