Problem within India is majority of those so called Law Makers aks Politicians are illiterate and they dont even understand technologies properly. Any Indian earning whether from Physical Business or Electronic business will spend money in India only. That will help to boost business of others too.
That's not the case in this situation, I do not completely disagree with you that few politicians are illiterate but not in the ruling party. The ruling party is the reason why India is growing so fast and it is in the top 5 economies in the world. A lot of terrorist funding in India and conversion of black money to white has been happening through these International exchanges and that is why a shadow ban will be placed if these exchanges do not comply.
Everyone here in the Indian community also feels that the government of India wants this 1% TDS policy to be implemented in International exchanges. That is the reason they are now trying to use the AML policy to get things right with the International exchanges. It is still one of the worst decisions that the government wants to implement according to me. If they go ahead and ban URLs a VPN would be the tool that can be used by an Indian internet user. BTW, porn URLs are banned in India, and still Indians can view them.