I am deeply concerned about what's going on in India. The current government is a backward thinking government who are more interested in building temples and creating religious collisions within the country. They are also trying to include their own people as the head of every institution. New Governor is just another example of that initiative. BJP is trying to get hold of the cash reserve of the country to control their own agenda.
I don't see any hope for cryptos in India until the current government stays in Power. They are trying to establish a cottage industry based on cow dung and cow pee. It seems like we are travelling back in time instead of moving forward while the brightest minds are opting to stay abroad.
I do not know if you are from India or an indian communist questioning current govt. I do not want to go into deep analysis but since the day BJP has formed govt there isn't any scam but that is not what we need to discuss here.
Cryptocurrency in many countries are still not legal due to no regulations controlling it, I am sure once blockchain technology becomes popular it will be accepted by Indian govt as well. This is the first Indian govt which gave concept of "Digital India"