Himachal Pradesh was also known as Deva Bhumi (the land of the gods). The Aryan influence in the region dates back to the period before the Rigveda. After the Anglo Gorkha War, the British colonial government came into power. It was initially part of Punjab, except the Siba State of Punjab Hills which was under the rule of Maharaja Ranjit Singh until 1857. In 1950 Himachal was declared as a union territory but after the State of Himachal Pradesh Act 1971, Himachal emerged as the 18th state of the Indian Union. Himachal has many prestigious boarding schools. Hima means snow in Sanskrit. It was named by one of the great Sanskrit scholars of Himachal Pradesh, Acharya Diwakar Datt Sharma.
Himachal Pradesh has one of the highest per capita incomes of any state in India. Due to the abundance of perennial rivers, Himachal also sells hydro electricity to other states such as Delhi, Punjab & Rajasthan. The economy of the state is highly dependent on three sources: hydroelectric power, tourism and agriculture.