1. I'm not here to complain about the high prices. Regarding the price. The centralized exchange rate is lowest is at btcxindia nearly 856$ to 874$ for unocoin. Ranges from 17-20%. But the point is not whether it's 15% or 23% or 17-20%. The point was ever increasing skewness.
A thing to note is why would I use Bitcoin for making payments outside India. Paypal seems better now for the real use than Bitcoin. (Payments across cross borders)
Yes, for everyday use (according to Indian common men's mindset) fee's greater than INR 5 can restrict it's use case in many micropayments like buying apples or other small items. However for Bigger payments like more than 5000 INR. People can use it. The point is people will avoid it if the fees would account for like 1% of the transaction. (Only for day-to-day use). For remittance, 1% is not big. For general purpose, people will be comfortable with 0.1-0.3% as tx fees.