It can be both good news and bad news. Why bad news because the government in India they want to kill bitcoin and because of that there are many users in India will be affected. On the otherhand, the reason why there is a good news they want to adopt the blockchain-technology. They believe that once they have a blockchain-technology it can serves as a record keeping system that can't be forged or can't reversed. And they have so many reasons why they want to adopt blockchain-technology beacuse it can more useful instead of focusing in crypto.