This may results in many terrible problems:

- sexual frustration, which is already booming in India, could increase tenfold. Sexually frustrated males can lead to being apathetic or aggressive, none of which is good for society.

- more competition means bigger delta between the winners and the losers. And they already have a large money gap. Making this difference wider can only build more social tensions.

- not a biologist, but I imagine this affects the gene pool, and overall (including social) diversity as well. -