I wrote regarding it when it first surfaced. A lot of reactions have come up in the cricketing world regarding the same. Kamran Abbasi has written an authorative article on the subject.

I particularly like parts of the last two paragraphs:

Leadership, though, carries responsibility and requires values. India’s unilateral declarations of the past month - and importantly outside the sphere of the ICC - are an irresponsible beginning. Derogatory remarks about other countries, such as those about Bangladesh, expose a shortage of values other than pursuit of profit.. ..But the test of leadership really begins here. Unless cricket’s Age of India allows the minnows and the big beasts to thrive together - and works in partnership with those outside India and Asia - this month’s milestone may become difficult to celebrate. Cricket’s Age of Empire, ruled by Australia and England and governed by the clubs of Marylebone and Melbourne and the Imperial Cricket Conference, once seemed immortal too. It is now dead.

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