New Delhi:- Internet shutdowns by law enforcement agencies in states such as Manipur and Punjab have cost the Indian economy US$1.9 billion (roughly 1559 billion rupees) in the first half of 2023, according to Thursday's report.

The closure also resulted in the loss of nearly US$118 million (nearly Rs.968 billion) in foreign investment and the loss of more than 21,000 jobs, the Global Nonprofit Internet Association said in its Netloss report. rice field.

The nonprofit considers factors such as changes in unemployment rates, losses in foreign direct investment (FDI), risks of future closures, and the working-age population, and concludes that the economic impact of closures goes beyond production losses. rice field.

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“Governments often mistakenly believe that shutting down the internet will calm social unrest, stop the spread of misinformation, and mitigate the damage caused by cybersecurity threats. impact," the report said. 

This year India’s Internet shutdown has hit 16% and that is the highest till now as reported by now. Internet shutdown is a tool to maintain public order and has risked India very badly by now.

According to the report, the shutdown will halt e-commerce, create losses in time-sensitive transactions, increase unemployment, disrupt communications between businesses and customers, and pose financial and reputational risks to businesses. It says.

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Founded in 1992, the non-profit has made it clear that it opposes the shutdown, urging the government to refrain from enforcing it, saying it would harm the country's economy, civil society, and Internet infrastructure.

Andrew Sullivan, president, and CEO of the Internet Society said: "The global rise in internet shutdowns continues as governments continue to ignore the ramifications of undermining the open, accessible, and secure nature of the global internet. It shows that there is," he said. 

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India has recently risked the economy by the shutdown of the Internet for the public order to get followed by resulted as India’s highest downfall in the first half and also resulted badly after the closure of the order and also resulted in the mistake of the Indian Government.