Who cares about India anyway? We survived the exchange ban in China, and IMO any negative government action in India doesn't even come close. I am more concerned about other countries such as Japan, Russia, South Korea, United States and the European Union.
Yeah if we can survive China, I'm sure the fuss over India won't last long. The Chinese government is quite stringent about capital controls and limiting capital flight, even the kinds of websites you can visit. India isn't nearly as well equipped, although I do hear that they're getting better and better at tracking their own citizens (which must be hard in that kind of environment!)
It looks like a false flag to scare their people away from it. Does anyone really think that a government can stop bitcoin on their own? People will still transact in cash and sidestep anyone who tries to stand in their way.