It's good news and another step toward Bitcoin going mainstream in the eyes of the world. These are the kinds of smalls steps that are going to result in but gains in the future.
India has been known as one of the good IT, developers, blockchain creators so I know that cryptocurrency will be with them.
It's really a great news in India as well as in the crypto world that almost every government had seek the potential of crypto in the future, so they have given this chances for us to freely do our own future money.