- A total loss of $1.9 billion was incurred due to internet shutdowns in Manipur and Punjab, leading to about $118 million loss in foreign investment and roughly 21,268 job losses.
- With a shutdown risk that’s reached 16% in 2023, according to the NetLoss calculator, these shutdowns suggest the potential for economic harm to India’s continued growth.
- Internet shutdowns not only cause immediate damage but also hinder long-term growth, upsetting e-commerce, increasing unemployment, and introducing financial and reputational risks for companies.
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