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Tuesday, May 11, 2021

India Loses $3 billion due to Internet shutdown from 2012-17: Study

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A recent study by ICRIER has stunned the Indian government. The study reveals that Indian economy has suffered a loss of $3 billion due to internet shutdown. ICRIER has studied the internet shutdown in the years 2012-17. The study covers the internet shutdowns on various devices. There are total 16315 hours of shutdown on all the devices in the country. This has caused $ 3.04 billion loss to the Indian economy. The study has come up at a time when the Indian government is running a campaign of digital India.

These figures are quite upsetting. This is because the loss may increase with expansion in internet facility. Telecom service providers are offering cheap packages. Still, they seem unable to control this shutdown. Here, it is worth mentioning that Indian government is running digital India movement. ICRIER study proves that there are 12615 hours of shutdown in mobile internet. This has caused $2.37 billion loss to the economy. Also, 3700 hours of internet shutdown in fixed line internet has caused $678.4 million loss to the economy. The report has proved an eye-opener for the telecom service provider companies.

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The main goal of the study is to estimate the economic impacts of internet shutdown. This report will guide the policymakers to make decisions by keeping in view these figures.

Internet shutdown has affected the e-commerce and freelancing business. Those operating from small towns and villages have suffered a lot. It has also shown some effects on the tourism industry. Tourism also depends a lot on the availability of internet. Banking and IT sectors are independent and this shutdown has minimal impact on these.

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