Google Play Family Library (Discontinued in India)

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Sushubh

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Family Library For Google Play Purchases Is Official, App Purchases Will Be Shared Among Up To Six Family Members Starting July 2nd

When Family Library becomes available to users, up to six family members will be able to share purchased apps on Google Play.

Opt-in previous purchases to Family Library

By default, all paid apps purchased after July 2, 2016 (when the Developer Distribution Agreement update takes effect) will be eligible for Family Library.

To provide a seamless user experience, we suggest you allow users to share purchases made prior to this date as well.

I am not sure if Google can enforce this policy on apps purchased after June 2. Developers are not going to be happy if there is no opt-out.
 
Official Google Blog: Google Play Family Library: Share what you love with the ones you love

For families like mine, who bond over shared entertainment, we’re introducing Family Library, a way for up to six family members to share purchases on Google Play. When you buy an eligible app, game, movie, TV show, or book in the Play Store, you can now share it with your family—across devices—with no additional sign-up fee.

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Starting today, Family Library will be rolling out over the next few days and will be available in Australia, Brazil, Canada, France, Germany, Ireland, Italy, Japan, Mexico, New Zealand, the United Kingdom and the United States. To get started, sign up in Google Play, invite your family members, and start sharing what you love!
 
So we need to enter PAN card details to enable it. I wouldn't be surprised if they ask Aadhaar details next.
 
Being killed in India:

Fix issues with family payment method - Computer - Google Play Help

Changes for users in India
Important: Family Library and family payment method are no longer available in India.

Here are the key changes:

New sign-ups for Family Library are no longer available in India.
Current Family Library users can no longer update their family payment method.
Current Family Library users can keep their active family payment method and continue to use the service as before. However, they can’t invite new members to their family group. Once the active family payment method expires, they can’t add new items to the Family Library.
Current Family Library users need to unlink their family payment method if they want to invite new family members to their family group to share Google's Family services or if they want to remove their family payment method. Once the family payment method is unlinked, they can’t sign up for Family Library again.
 
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