Corruption in Government forms the background of the film Vasthavam (The Reality), directed by Padmakumar. In the foreground, we have the story of the eventful life of Balachandran Adiga, a Government employee. The script is by Babu Janardhanan.

Balachandran (Prithviraj) pays a heavy price for joining service. He makes it to the PSC ranklist for clerks, but the list has validity for only three more months.

A businessman Thrippen Namboothiri (Salim Kumar) offers to get him the job by paying a bribe on the condition that Balachandran marry his niece. Balachandran is in love with Sumitra (Kavya Madhavan). However, seeing it as a way to solve his family's financial problems, Balachandran agrees to the marriage. He joins the Secretariat as a clerk. Unnithan Asan (Jagathy Sreekumar), a peon in his office, gives him his first lessons in taking bribes.

Balachandran uses political clout to eventually become the private secretary of the Revenue Minister (Murali). He teams up with the Minister's wife and cronies and engages in multi-crore corrupt deals. In the end, he pays the price for his misadventures.

The events in Balachandran's life are narrated at a fast pace. The turning point is when Balachandran begins to realise the futility of money and power in the face of broken personal relationships. He feels all alone. But, here the film falls short, failing to impact the viewer.

Prithviraj shows maturity in the lead role. Jagathy Sreekumar as the philosophical Asan is a treat to watch. The cast includes Rajmohan Unnithan, Jagadish, T.G. Ravi, Madhupal, Bhavana and Samvrutha Sunil. Lyrics of Vayalar Sarathchandra Varma have been set to tune by Alex Paul. Cinematography is by Rajaratnam. Vasthavam is produced by Sree Chakra International (P) Ltd.