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Karnataka is a state in the southwestern region of India. It was formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, and renamed Karnataka in 1973. The state is bordered by the Lakshadweep Sea to the west, Goa to the northwest, Maharashtra to the north, Telangana to the northeast, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest. With 61,130,704 inhabitants at the 2011 census, Karnataka is the eighth-largest state by population, comprising 31 districts. With 15,257,000 residents, the state capital Bangalore is the largest city of Karnataka. The economy of Karnataka is one of the most productive in comparison to other states in the country, with ₹20.5 trillion in gross domestic product and a per capita GDP of ₹305,000 (US$3,800). The state of Karnataka has one of the highest economic growth rates comparatively to other states in the country, with a GSDP growth of 9.5% in the 2021–22 fiscal year. After Bangalore Urban, Dakshina Kannada, Hubli-Dharwad, and Belagavi districts contribute the highest revenue to the state respectively. The capital of the state, Bangalore, is known as the Silicon Valley of India, for its immense contributions to the country's information technology sector. A total of 1,973 companies in the state were found to have been involved in the IT sector as of 2007. Karnataka is the only southern state to have land borders with all of the other four southern Indian sister states. The state covers an area of 191,791 km⁲ (74,051 sq mi), or 5.83 per cent of the total geographical area of India. It is the sixth-largest Indian state by area. Kannada, one of the classical languages of India, is the most widely spoken and official language of the state. Other minority languages spoken include Urdu, Konkani, Marathi, Tulu, Tamil, Telugu, Malayalam, Kodava and Beary. Karnataka also contains some of the only villages in India where Sanskrit is primarily spoken. Though several etymologies have been suggested for the name Karnataka, the generally accepted one is that Karnataka is derived from the Kannada words karu and nādu, meaning "elevated land". Karu Nadu may also be read as karu, meaning "black" and nadu, meaning "region", as a reference to the black cotton soil found in the Bayalu Seeme region of the state. The British used the word Carnatic, sometimes Karnatak, to describe both sides of peninsular India, south of the Krishna. With an antiquity that dates to the paleolithic, Karnataka has been home to some of the most powerful empires of ancient and medieval India. The philosophers and musical bards patronised by these empires launched socio-religious and literary movements which have endured to the present day. Karnataka has contributed significantly to both forms of Indian classical music, the Carnatic and Hindustani traditions.