The popular theory for why the UP election was won by the BJP was that their candidates had advance notice of demonetisation and stocked up on lower-denominatio

The popular theory for why the UP election was won by the BJP was that their candidates had advance notice of demonetisation and stocked up on lower-denomination notes (and later were the first ones to receive the new notes) whereas other parties were left with worthless stacks of old cash. I shouldn't have to explain why in India more cash to distribute means more votes.