Shree Devkaran Surajkaran Malu was the first Sarpanch of the Gram panchayat Madhavnagar.

Ranapratap vyayam mandal, Madhavnaagr is popular for sport "kabaddi".

The village is also hometown for many businessmens' who have cottons and ginning mills and other businesses over the districts.

Madhavnagar is the hometown of Indian Women Cricketer Smriti Mandhana.

This Sangli district, Maharashtra, India location article is a stub.