Super interesting Wikipedia article, thanks for the link! Some of the restrictions on free speech make me instinctually uncomfortable (i.e. restrictions for the sake of "decency and morality"), but I recognize these are hardly unique to India and countries such as the U.S. have censored plenty of books, etc. in the past.
I'm not sure that I personally am in favor. However, you're clearly right in that it's hardly unprecedented or unique.