Sunday, October 26, 2008

498A India Limited

498A India Limited
A brief look into the economics of IPC Section 498A
A Government of India Undertaking
- Original by Arnab Ganguly Edited by Kavi

Unfortunately, India has many shady industries such as Gambling, Hawala, Matka and other such clandestine operations. There is none or abysmally inadequate bookkeeping even as millions of Rupees roll through. There are no payrolls, no designations, no performance targets and no one to keep the foot soldier accountable and track performances. Any outsider will easily label such organisation unorganized and therefore inconsequential.

Rarely does an outsider realize that their biggest strength lies in being organized while appearing unorganized. It is a facade. By appearing unorganized, they can amass and circulate millions without too many hindrances.

All such industries are scorned upon and discouraged by the Government of India openly but they still continue to exist, grow in numbers and flourish.

There is one shining example amidst all this: IPC 498a. IPC 498a is an abbreviation for Indian Penal Code Section 498a whose main objective purportedly is to bring down errant husband and his family on their collective knees against wife and her family.

IPC 498A is remarkably similar to these clandestine operations. It appears severely unorganized. It allows FEW to flourish at the cost of MANY. Bookkeeping is abysmal and there are no official tables of “who is to be paid how much and for what”.

However, as one clandestine operation, IPC 498a stands completely apart and head and shoulder above all. It was started, supported, managed and sponsored by Government of India. Major players in IPC 498a are paid salaries from Public coffers.

Not surprisingly, 498A has witnessed the most growth.

This article, in giving honour to the law itself, in proud glorification of its supporter, will refer to IPC 498A henceforth as "498A India Limited – A Government of India Undertaking”

498A India Limited has performed phenomenally well in forced revenue generation from the Indian populations and it is easily a Rs. 3000 Crore per annum company .

If the Government of India was to list "498A India Limited" in a stock exchange, it would most certainly be introduced, advertised and eventually listed as a "Navratna Company"

The company report of “498A India Limited” that would be created during its Initial Public Offering would easily look like following in boasting its unique strengths

Without further ado, the Company report of “498A India Limited”

Rapid Growth: - 498A India limited has grown at a rate (over 10% per annum) faster than any other industry in India easily surpassing Information Technology and BPO. 498A sector has grown almost at the rate of 120% in the last 12 years. From just 28,579 cases in 1995 the number of cases has grown to 63,128.

Outreach to masses: In all Government of India projects, one of the objective is to reach as many people as is possible. On this factor, the balance sheet of 498a India Limited is completely black. Its organizational activities have touched and changed lives of almost 1,000,000 (ten lakhs) people. Since 1999, ten lakh people have been arrested under frivolous allegations made under the provisions of 498a India Limited.

Significance of its mass outreach becomes phenomenal, once we factor in the average amount of bail money being deposited by an average person ensnarled into the jaws of 498A India Limited. Even if assume a lowly figure of bail posted by each single arrested person of Rs 10,000 (ten thousand only), then the revenue generated for the government of India from the bail is 1,000,000 x Rs. 10,000 = Rs. 10,000,000,000
(Rupees One Thousand Crores)

According to the government rules, the bail money is to be refunded in full to its payer at the end of the trial which will last for about 7 to 8 years.

However, you are free to estimate on how many people will actually get it back or are in state to do more running around after having endured 7 to 8 year ordeal in order to get the bail amount back. In India now more than 30% bail applications are for 498A only. Your guess is as good as ours

You do not need much help to notice that main product of 498A India limited is a tool that forcibly turns the husband's family into a goose which is later forced to lay golden eggs for all the shareholders of the company.

Flagship Products:

Sales of 498A Indian limited have surpassed 20% growth over the past 12 years and registered phenomenal returns on almost negligible investments. The company has not changed its product for the past 25 years but the use of the product has grown astronomically. There has no tests done by the company to study the effects of its products have on the people on whom it has been misused although reliable reporting shows that people on whom their products are misused are harassed and extorted to no end and eventually many commit suicide.
Lifecycle of the product starts off, when a wife alone or with her family members files a simple complaint and lets this tool takes care of the rest.

The party using the products of 498A India Limited almost always get richer by few lakhs while the party on which the products are used upon suffer irrespective of gender, age or role in the family. Also another spectacular feature about the product yields better dividends when it is misused. It works so remarkably well that it is misused 98% of times and is almost never used in the right way.

Board of Directors

The Board of Directors for 498a India Limited is appointed by the Government of India and controls this organization with an iron fist. Appointments made will ensure that the chosen board has unique ability to always turn a blind eye to the people upon whom the company's products is going to have adverse effects. The board enjoys total immunity from prosecution that might result from harm caused due to the misuse of the company's products. Board members are chosen on their unique ability to not think twice before fudging numbers to show that that there is ever-increasing customer demand for their products. With utter confidence and undue recklessness, the Board made recommendation that more companies along the lines of successful “498A India Limited” be started like "DV Act India Limited" and "All Wife Death Dowry Death India limited".

Employee Welfare and Customer care

498A India Limited prides itself in being an employer of choice and takes a lot of care of its customers too. The company protects their customers who have misused its products by making themselves and their customers immune to prosecution for misuse. So the "498A India Limited" customers are the happiest lot since they get to misuse the products of the company and as and when they wish for their materialistic desires and then just walk away with a big booty.

Shareholders
The primary shareholders in the company the Police, the judiciary, the growing body of lawyers , radical NGO's and the all powerful national commission for women. The shareholders exploit wives of a relationship to destroy the husbands Given the company's phenomenal returns the shareholders do not want to dilute or modify the company's products as modification of the company's products will result in decreased revenue for the company and its shareholders.

Private Investments
This company also attracts lots of private investment from organizations like the UNIFEM and UNO. This is mainly due to the doctored customer demand reports that are submitted by the chairperson of the company to the press and media. These private grants encourage the company to create many smaller companies like "DV Act India Limited" and "All Wife Death Dowry death India limited"

Public Sentiment for the company
The people on whom the company's products have been misused and who are the 98% majority here are too weak and suffering to even respond. But there are a lot of young and old people in India who want the company's products to be modified in a way that they cannot be misused and if misused there be adequate avenues to prosecute the misusers. The chairperson of the company is trying her best at fudging numbers to project to the government and the media that their 25 year old product still confirms with the current quality standards is never misused. They also fudge numbers to show that the customer demand is increasing at a phenomenal rate for similar products and so more such companies must be set up to serve the customers better.

Final Thoughts
The Greed of a few is eating away into the lives of many who constitute nation’s family system while the Government of India, relegating its responsibility to 498a India Limited is still in a deep slumber.

The Government does not realize that the profits made by using products of by 498A India Limited are actually being paid by the population of India upon whom the company products are being brutally misused.

The government of India must realize that although the company may have been formed with a noble intention of producing products that can help for defence of the innocent, it has now been turned into a company producing products for use by "Legal terrorists". These legal terrorists then unleash extreme pain and suffering on the Indian populace and then walk away unscathed. The Government must immediately adopt stringent guidelines for the use of the company's products so that misuse is curtailed and misusers of its products are prosecuted severely.

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