Regarding the downgrade, it was announced that the Indian GCAA expected to meet the FAA requirements by March, and to be returned to their previous grade.
Rather unfortunate that the DGCA has had quite a few years to get their act together. Unfortunately it takes a threat to get the to act. Remember the 2010 Good Will Games. Many countries threatened to pull out, if India did not get their act together.
Well, the FAA, backed by ICAO, gave the Indian DGCA to get their act together. India tested the waters, and well you all know the rest of the story. Now folks don't you think it would have been easier to comply with all the task cards rather than sit around with their thumbs up their Arses.