“Nobody knows, nobody knows, how the elephant blows his nose. Does he do a-tishoo on a tissue? Or does he simply wipe it on his toes? Nobody knows, nobody knows.”
In the third week of April, there was an unexpected shortage of cash in automated teller machines (ATMs) in over eight states spread across the length and breadth of India. Nobody has been able to come up with a plausible explanation as to why this suddenly happened a year and a half after the whimsical decision of one man, Prime Minister Narendra Modi, to demonetise 86 per cent of the currency in circulation in the country on November 8, 2016.
