According to Bitcoin.com, the Indian Ministry of Finance announced on Monday the cryptographic supervision report of the inter-ministerial committee led by Finance Secretary Subhash Chandra Garg. Garg said on Twitter that "the private cryptocurrency has no real value. It is properly banned." In this regard, Zebpay co-founder Sandeep Goenka said, "The date of the proposed report is February 28, 2019, and I hope they will review it again and be I asked for another report. Since then, there have been many things happening around the world.” It is reported that the Indian government has established an inter-ministerial committee on cryptocurrency. The committee proposed to implement distributed ledger technology in India, especially in the financial services sector.