I never supported any floor price but situation is such, there is a need for such initiative else it is almost certain that Vodafone- Idea can get bankrupt and even government revival plans will not save BSNL. The tariffs are ridiculously predatory. Jio's primary motive is to get rid of competition banking on excess cash they have from other RIL business. Now when Modi government realized how much they have started to loose from too much favour to Jio, they have started changing course.
Funnily enough, Airtel pulled the same trick in Sri Lanka and immediately the Sri Lanka Telecom regulator put floor price and in the end, Airtel had to sell it's business there.
I am just hoping TRAI keeps the floor reasonable, not a big mess like DTH NCF.