Could this be the reason for India's (potential) boom?

Steven Landsburg, one of my favorite economists, has an old an interesting article out on the web. Over 10 years old, this article has been floating around with a different context. But overall, it does make some sense.

Here it is in its full

I haven't read it yet, but Landsburg is the author of a book "More Sex is Safer Sex". My guess is the book is also on the same lines as this article.