Which Community is the Richest: Jain or Sindhi?

Introduction

The question of which community is the richest in India often sparks debate. Two prominent groups frequently mentioned in such discussions are the Jains and the Sindhis. In this article, we will explore the wealth distribution among the Jains, Khatris (often considered part of the broader Baniya community), and Sindhis, based on available data.

Wealth Comparison Among Jains, Khatris, and Sindhis

According to the Forbes list of the richest people in India and abroad, there is a significant disparity in wealth distribution among these communities. The Khatris and Sindhis, despite comprising a similar population to the Jains (approximately 45 lakhs), have a markedly higher number of billionaires per capita.

Jains and Khatris in Wealth Distribution

The entire Baniya community, which includes Khatris, has 41 billionaires among the 125 listed on Forbes, 26 of whom are Hindus and 15 are Jains. Additionally, there is one Jain wealthy individual, Lodha Rajput Mangal Lodha, among them. Despite these numbers, the Jains often try to counter the wealth narrative by asserting that all Baniya members listed as billionaires follow Jain religion. However, it is known that 90 Baniyas are Hindus and only 10 are Jains.

Extensive Web Search for Data Validation

The information provided here is based on an extensive web search. The Hindu members of the Baniya community are notable, such as: Mukesh Ambani, a Hindu Vaishnava Ramakrishna Damani, a Hindu Maheshwari Savitri Jindal, a Hindu Agarwal Kumar Birla, a Hindu

Sindhis: A Wealthy Community Despite Low Population

Sindhis, who are often considered refugees, should not be equated with the caste system as the Sindhi is a language as well as a community. Despite their relatively low population, Sindhis have made significant contributions to India's GDP, income tax, and charitable trusts. They also have a significant presence among the richest individuals in India and abroad, including the UK, UAE, USA, and Japan.

Sindhi Economic Impact and Contributions

1. Economic Contribution: Sindhis contribute approximately 20% of India's GDP, making a substantial impact on the national economy. The income tax contribution from Sindhis is 24% of the total. More than 60% of charitable trusts in India are run by Sindhis. 2. Rich Individuals: The list of the richest Indians in the UK, UAE, USA, Japan, and Singapore includes Sindhis like the Hindujas, Jagtianis, Romesh Wadhwani, and others.

Historical and Cultural Contributions

1. Historical Significance: The Sindhis have a long and rich history, contributing to the development of India. They are known for building the world's first port and inventing the decimal system. Vedas such as the Rig Veda are said to have originated in Sind. Many rishis and pandits used to meditate in this region, and even Alexander the Great recognized the progressive nature of the Sindhis.

2. Modern Contributions: Books like Bhagwan Sidhwanis' "The Return of the Aryans" highlight the ongoing cultural and intellectual contributions of the Sindhis.

Conclusion

While the Jains are known for their literacy and a strong presence in the business sector, the economic power of the Khatris and Sindhis cannot be overlooked. Both Khatris and Sindhis, despite comprising a similar population to the Jains, have a higher number of billionaires per capita. This article aims to present a comprehensive overview of the economic contributions of these communities.