I feel for Indian people,
with the current government, it is like they are embarking on the grand experiment to take away all the fiat/ crypto money out and therefore people's choice.
That fiat reform to streamline benefits reimbursement system, also means that if they want they can impose negative interest rates (meaning another way to tax you if they wish) on your money (since they are all in the bank), which they could not do if you stash it under your mattress.
and now crypto...