It looks like the decision is still not clear and the administration of India supports 70% not and 30% might be. According to recent news, Arun Jaitley stressed that the Center's position was reliable that such currencies were not legal tender. Arun Jaitley told the parliament, "The administration is looking at the issue. A board of trustees under the chairmanship of secretary, branch of financial issues, is pondering over all issues identified with cryptographic forms of money to propose particular moves to be made."