The created universe, having been projected out of God and sustained by Him, is naturally identified with Him. Hence evil is as much God as good is. It is another aspect, a reverse aspect as it were. This is a bold assertion made by Hinduism.
If Lakṣmī is the goddess of wealth beauty and splendour, Alakṣmī, her opposite number, is misfortune personified. According to mythological accounts she was also born during samudramathana (‘churning of the ocean’). Since she appeared earlier than Lakṣmī, she is also called ‘Jyeṣṭhā’ (the elder one). A sage Dussaha (‘the unbearable’) by name, married her. According to another version it was the sage Kapila. Adharma (unrighteousness) was their offspring.
Alakṣmī is usually shown as an old hag riding a donkey. She has a broom in her hand. A crow adorns her banner. Her image finds a place in some temples. When propitiated, she can dispel evil and grant prosperity.
She is sometimes identified with Lakṣmī herself.
Being a part and parcel of this creation and hence of our life, misfortune is no less divinely ordained than fortune. It is perhaps to teach this great fact of life that even misfortune is deified.