India started making it's own cryptocurrency.

The Reserve Bank of India has cautioned people about the possible drawbacks of the popular cryptocurrency known as Bitcoin. They may seem to not like Bitcoin but this doesn’t mean the RBI bank has set aside the whole idea of digital currency alternatives.
According to a the Economic Times, RBI is planning to get in the cryptocurrency business with Lakshmi Coin which can be assumed as their version of Bitcoin.

If made possible, Lakshmi Coin could become a digital currency alternative in India and also contribute to a new Blockchain.
For their initiative called Bankchain, currently, SBI has partnered with IBM, Microsoft, Skylark, KPMG and ten different banks.

What do you think ? Is it right to introduce a new cryptocurrency or every country should do this ? Drop your thoughts in the comment section !