If you follow Indian News it is hard to miss the story of the murder of 16-year-old Adnan Patrawala, who was allegedly abducted and later killed by his friends. There is a raging debate if Internet censorship should be introduced to curb social evils occuring on the net.
My worry is on a different issue altogether. The net always had a huge wealth of information. With the price of computer becoming affordable and with initatives such as one laptop per child the internet is acting as a huge equalizer. A poor kid in rural Tamil Nadu could very soon have the same information as a kid in California. If you look at the Alexa rankings for India you'll see that Orkut is ranked #2. Wikipedia is ranked #12. Clearly India has it's work cut out to balance between the Fun/Social component and the Knowledge/Information components of the internet.