Uttarakhand, known as Uttaranchal from 2000 to 2006, became the 27th state of the Republic of India on November 9, 2000. Uttarakhand borders Tibet to the north and Nepal to the east, while its neighbour states are Himachal Pradesh to the west and Uttar Pradesh (of which it formed a part before 2000) in the south. The region is traditionally referred to as Uttarakhand in Hindu scriptures and old literature, a term which derives from the Sanskrit for Northern Country or Section. In January 2007, the name of the state was officially changed from Uttaranchal, its interim name, to Uttarakhand, according to the wishes of a large section of its people. The provisional capital of Uttarakhand is Dehra Dun which is also a rail-head and the largest city in the region. The small hamlet of Gairsen has been mooted as the future capital owing to its geographic centrality but controversies and lack of resources have led Dehra Dun to remain provisional capital. The High Court of the state is in Nainital.

Economy
Uttarakhand's gross state domestic product for 2004 is estimated at $6 billion in current prices. Born out of partition of Uttar Pradesh, the new state of Uttarakhand produces about 8% of the output of the old Uttar Pradesh state. Consolidated Finvest and Holdings, a S&P CNX 500 conglomerate has its corporate office in Uttarakhand. It reported a gross income of Rs.137 million for 2005.

Divisions
There are 13 districts in Uttarakhand which are grouped into two divisions. Garhwal division includes Chamoli, Dehradun, Haridwar, Pauri Garhwal (commonly known as Garhwal), Rudraprayag, Tehri Garhwal and Uttarkashi whereas Kumaon division includes Almora, Bageshwar, Champawat, Nainital, Pithoragarh, Udham Singh Nagar.