because blockchain cannot exist without a token, because you need a token with value to reward the miners who secure the network. its like shiva and shakthi...one cannot exist without the other.
It is possible to have a blockchain without a token, you just need to fund for the hardware to run the blockchain, so this is not entirely true but one thing i can tell is that they have no idea what they are talking about and i am yet to see what the situation will be because of the RBI's statement about holding the entire market. I hope we will see a reversal in their statement in the future.
Actually you are right but then the question arises that does Indian Government has enough budget required for funding for the hardware and even if they had will they be able to execute their plans successfully.