The notion of VUCA (Volatility, Uncertainty, Complexity and Ambiguity) was introduced by the United States of America’s Army War College to describe the multilateral world, which resulted from the end of Cold War post 1989.

Demonetisation may have landed people in trouble, but it has also resulted in daily wage earners, workers and small shopkeepers connecting with the banking system.

The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past, the ocean is flat again.