Live
- Danam’s family owns total assets worth about Rs 58 cr
- DCA seizes medicines with misleading advertisements
- Naveen unveils BJD roadmap to make Odisha No.1 State
- Social media posts influence over 50% youngsters in city
- KCR is mentally imbalanced
- SWG pipe industry on verge of closure: State SWG pipe industry stares at grim future as orders dry up
- Visakhapatnam: YSRCP candidates file nominations amid fanfare
- Congress party finalises Lok Sabha candidates in AP, Telangana
- Zomato Tests Priority Delivery: Pay Extra for Faster Delivery
- Vizianagaram: Aditi Gajapathi Raju files nomination papers
Nirmala Sitharaman blames Millennials for an economic slowdown in auto sector
The finance minister said millennials wouldn’t buy their vehicles because they prefer calling for Uber/Ola rides.
On Tuesday, at a press conference which was held in Chennai where Finance Minister Nirmala Sitaraman made a statement that resonates with the collective mindset of the older gen. She said millennials are the reason for an economic slowdown in the automobile industry. As millennials won't buy their vehicles because they prefer calling for Uber/Ola rides in its place of investing in EMIs and giving the Indian auto industry the boost it needs. Later the finance minister spoke about the resultant loss in jobs.
"This sector (automobile) in particular, has been affected by several things such as the BS-VI movement, registration fee matter…and the mindset of millennials. Some studies show that millennials prefer not to commit to an EMI and instead prefer having Ola or Uber or taking the metro. So, a whole lot of factors are influencing it," - Nirmala Sitharaman
After the comment went public, millennials united in protest on Twitter. Very soon, #BoycottMillennials and #SayItLikeNirmalaTai started flooding on Twitter.
Check out the tweets to believe:
Rohit shetty's next movies cars stunt.#BoycottMillennials pic.twitter.com/Y2C1pJIrrZ
— Vinay Rohidas Patil (@Viropa4) September 11, 2019
#NirmalaSitharaman
— SocialAnimal (@SocialAnimal19) September 11, 2019
Post great words by our beloved FM. #Millennialsquestions #BoycottMillennials
- More using Ola/Uber the more car sales as they use CARS.
- Are you against the use of public transport/Car pooling?
- Y extra tax for 2nd car? pic.twitter.com/z9PK93zzop
Millennial generation, huge loos in car industry says fm #BoycottMillennials pic.twitter.com/FJyWt222VM
— Nithin kurian (@Nithinkurian101) September 11, 2019
Real estate sector is at an all time low because millennials prefer oyos & Airbnbs #BoycottMillennials pic.twitter.com/kGGLjqVORR
— Saumya Arora (@saumyaaroraa) September 11, 2019
Honestly, vimallennials are far better than millennials, they are giving their double to save the economy. #BoycottMillennials pic.twitter.com/wuflmpgcAP
— Rofl Gandhi 2.0 (@RoflGandhi_) September 11, 2019
1) Saumya Arora
2) irfan
3) News 18
4) Nithin kurian
5) Mahatma Gandhi Sena
6) Vinay Rohidas Patil
