New RBI Payapl User Agreement- Serious problem for all paypal users in India

If you are using Paypal to receive and send payments online then effective from March 1, you can not use your paypal balance to buy anything online. All paypal balances must be transferred to your Bank Account within 7 days and also you can not receive more than $500 per transaction based on export.

What do you think on this issue and share How you will do transactions online?

Any Idea?