Indian Economy Suffers a Loss of $3 bn due to Internet
According to a study by Indian Council for Research on International Economic Relations (ICRIER), Indian economy is estimated to have suffered a loss of USD 3 billion due to internet shutdown from 2012-17.
The study was conducted to observe the internet shutdown across various devices and ecosystems linked to them.
Rajat Kathuria, director and chief executive at ICRIER said,
A total of 16,315 hours of Internet shutdown in India cost the economy approximately USD 3.04 billion during the period 2012 to 2017.
According to a detailed report on Anatomy of an Internet Blackout, 12,615 hours of mobile internet shutdowns in India costs economy approximately USD 2.37 billion while 3,700 hours of mobile and fixed internet shutdowns in India have resulted in a loss of USD 678.4 million during...