It's going down. Even their GDP growth has fallen below 5 which you can see in the images here. Actually, the current govt is more concerned about holding their power, not their economy. If this Govt won't lower their aggressiveness against minority then nothing can make their community strong not even digital currency. A strong economy can be build by working together with everyone not by leaving them behind. Also, we have seen how RBI bans crypto in India and maybe Govt will try to implement more rules to collect tax from this source.