Internet shutdowns cost $1.9 bn to India in Jan-Jun 2023: Report

Internet shutdowns by law enforcement agencies like the one in Manipur and Punjab cost USD 1.9 billion to the Indian economy in the first half of 2023, a report said on Thursday.

The shutdowns also led to a loss of nearly USD 118 million in foreign investment and triggered over 21,000 job losses, the global non-profit Internet Society said in its report ‘Netloss’. The non-profit arrived at the financial impact of the shutdown going beyond the loss of output and included factors like change in the unemployment rate, Foreign Direct Investment (FDI) lost, risks of future shutdowns, population in the working age etc.