Biggest problem for India is the current high fees as the current fees out price bitcoin for the general public in India, and reserve it for the well off only, the poor people in India will have no chance to acquire bitcoin thanks to its high fees, but I doubt Parliament take the poor into account, so when we see this talk about India, as bitcoin currently is, it can only affect the top 10% of india at very best. This is not what was intended when btc was created as it should not discriminate and should be available for all classes of people to use, rich or poor.
This is a very interesting thought. I now watch bitcoin and understand that more and more rich people are buying it. They already have opportunities to get rich. I think this is not very fair. India is not a very rich country, so I hound very much if there will be development of bitcoin