It all started on Tuesday, when FM Sitharaman held a press conference where she spoke about the ongoing slowdown in automobile sector. Speaking to reporters, FM 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.
"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," she said.
However, this statement did not go down so well with the millennials and all thanks to social media that they could share their views in the best possible way - memes. Hundreds of sarcastically hilarious tweets have been doing rounds on Twitter. Have a look!