If you have been on Twitter in the last 24 hours, you might have seen the hashtag #BoycottMillennials trending. And hilarious tweets like, “Oxygen crisis will occur because millennial inhale more oxygen in the morning,” popping up on your timeline.
If you are wondering what this is about, let us tell you.
Finance Minister Nirmala Sitharaman had a press conference on Tuesday (September 10). While speaking about the slowdown in the auto industry, she said that change in the mindset of millennials is one of the reasons behind the crisis.
According to the Finance Minister, the youth of the country prefer to take an Ola or Uber instead of investing in EMIs to buy a personal vehicle.
Her words were, “Some studies do tell us that mindset of millennials, who are now preferring not to commit an EMI (equated monthly installment) for buying an automobile, instead prefer to take Ola, Uber, everything else, or take the Metro A whole lot of factors are influencing the automobile sector. We are trying to solve the problem for them.”
Here we go again. After,#BoycottRedLabel #BoycottZomato#BanUberEats#BanNetFlixInindia
Tourism industry is failing in India because millennials are all busy visiting Russian places like pochinki, georgopool, rozhok, NOVOsjsjdjBhosda#PUBGMOBILE#BoycottMillennials
And people like Dynamo and mortal are influencing the youth#boycottStupidity
Education industry is undergoing recession because #Millennials are inspired by school and college dropouts and prefer being entrepreneurs instead of working for someone after education#BoycottMillennials pic.twitter.com/7rMEDakNp4
I wonder why all these 30+ uncles are trolling #NirmalaSitaraman mercilessly for her . I am a millennial with an IIM degree, but I prefer selling pakodas. No Income tax, no house and car means no EMIs, no health insurance etc. #sayitlikenirmalatai #boycottmillennials
However, when asked about what the government is doing to help with the slowdown in the automobile sector, Sitharaman said that the government is talking to the automobile industry to see how it can help them.
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