I would say first go and check out with govt of India what is their future plan. Will they be supporting it or not. Because as the Central banks have decided to not accept this as a legal currency for their payments. And also the bitcoin dealers might be shut down in coming time as per the government panel recommendation. After all this will your project still fit in?
i doubt the "central" banks will survive this, they will have a hard time dealing with their legitimacy, furthermore they have banned all cartels but still keep their own up which is actually illegal if courts say something different they have been corrupted, so i am not afraid of that,
what truly is going on is that you have basically a small elite that prints the money and imprisions everybody else with their "financial Inquisition"
they will accept cryptocurrencies, if they dont, cryptocurrencies will be anonymous like monero
regards