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The automobile industry which provides employment to more than 3.5 crore people in the country is facing a massive slowdown. Sales of both passenger and commercial vehicles are down and dealers/companies are being affected. Apart from two-wheelers and four-wheelers, truck and tractor sales have also seen a sharp decline. According to The Economic Times, Finance minister Nirmala Sitharaman said,
“Automobile sector, in particular, has been affected by several things. These include BS6 (Bharat Stage 6) movement, the registration fee issue that has been deferred till June and the mindset of millennials, who are now preferring not to commit EMIs to buy automobiles but prefer to use Ola or Uber or take the metro.”
Finance Minister Nirmala Sitharaman: Automobile industry is now affected by BS6 and the mindsets of millennial, who now prefer to have Ola or Uber rather than committing to buying an automobile pic.twitter.com/6KEecyopH3
— ANI (@ANI) September 10, 2019
But desi Twitter was not impressed with her reasoning. Pretty soon netizens started sarcastically responding with the hashtag #BoycottMillennials. Here are the tweets that blame any and every crisis to millennial behaviour.
Automobile sector is facing a slowdown because people are riding skateboards now. #SayItLikeNirmalaTai
— Shashank (@alas_de_hermes) September 10, 2019
#BoycottMillennials FM things🤣
Automobiles🚘⬇️: Millennials prefer Ola and Uber
Water Crisis💦: Millennials drinking more water
Real estate 🏗⬇️: Millennials using Oyo and Airbnb
Air traffic✈⬇️: Millennials video call than travel
Rupee fall ₹ ⬇️: Millennials use Bitcoin
— Pradeep Macharla 🌍 (@Macharlazz) September 11, 2019
There is a fall in agricultural sector because millennials prefer pizza instead of daal roti
– Nirmala Sitaraman#Boycottmillennial— Vibhash Mishra (@AapVibhash) September 10, 2019
https://twitter.com/Aadwitya2/status/1171645410517106688
Food sector is down because millennials are dieting #sayitlikenirmalatai
— Asad Gaur (@asadgaur) September 10, 2019
The market for 'Gobar' is down,
because millennials ain't buying 'no shit'.#SayItLikeNirmalaTai #BoycottMillennials— Anoop Tomer (@anooptomer) September 10, 2019
The millennials have got no chill, so icecream industry is crashing. #BoycottMillennials
— Rofl Gandhi 2.0 (@RoflGandhi_) September 10, 2019
Vegetable sales are down because everyone is having "chicken dinner"#SayItLikeNirmalaTai
— Arya 🌹 (@RantingDosa) September 10, 2019
Tourism is down because people are seeing photos and videos of places online.#SayItLikeNirmalaTai
— You may call me V (@Vidyut) September 10, 2019
https://twitter.com/abhijeet_dipke/status/1171459556972478464
The cosmetic industry is down because millennials are using filters and editing apps on Phone .#BoycottMillennials #NirmalaSitaraman
— Akhilesh Thorat (@akhilesh_thorat) September 10, 2019
https://twitter.com/Rohit_hu/status/1171473322468495362
NDTV reports that the FM has announced measures to boost automobile sales and curb job losses in the sector. The vehicle registration fee hike has been postponed and government departments have been asked to replace old cars with new ones. Running of BS-IV vehicles purchased up to March 31, 2020, has also been allowed.
However, she has not reduced the 28% GST rate as requested by the industry. We hope that the rate of lay-offs and unemployment decreases in the coming months.
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