India takes out giant nationwide subscription to 13,000 journals

It's 'great' along the same lines as if the US gov announced paying all citizens insurance premiums for 3 years. Sure, more would temporarily have access to a service they should already permanently have access to, but in reality it shines a spotlight on how serious the problem is.

India paid $55k per journal for 3 years access... to knowledge. Knowledge that the journals did nothing to accrue themselves. If you can make that make sense then sure it is a good thing in that it is better than not having access at all or for a more egregious cost.