@vvikas: I don't think it is a shared IP. My IP is 117.254.xxx.xxx. It is a dynamic IP though.
uTorrents and RS downloads are not a problem. Using a download manager like Orbit will increase the speed considerably.
P.S: This has been my experience with EVDO so far. I had taken the connection in October 2008. At that time, my area just had CDMA 1x coverage and speeds were mediocre. Since May 2009, EVDO network was enabled in my area, and speeds shot up. It was so consistent and good that since July-Aug 2009, I had surrendered my institution's Airtel BB connection, and am now solely dependant on EVDO for my internet access.