Nirmala Sitharaman Blames Millenials Citing 'Ola' & 'Uber' For Economic Slowdown In Auto Sector

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Nirmala Sitharaman has drawn a bizarre parallel with the economic slowdown that has hit the country by drawing a parallel with Millenials preferring Ola and Uber.
#NirmalaSitharaman #Ola #Uber #EconomicSlowdown

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Zee news and aaj tak don't show this news
.🤬

shubhamh
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What about textile and inner wear industry..its also rented

nithinphilip
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Economy is falling due to gravity



Yes i copy pasted 🤣

YouTubeisZionistTool
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😎Maybe it's time Mr. Ambani should launch *Jio Cars* for us, right FM Madame😂?

superindian
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ola, uber were also using indian cars for increasing demand from millineal for so don't blame millineals ..

balajideva
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😡FM Madame Raman: It's their fault they prefer Cab services to owning personal car. Economy is booming don't you dare question me.😡
We the people of India🇮🇳: we want to buy new cars every year, just don't have the money. Ask Mr. Ambani to provide Jio Cars😂

superindian
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Umm... Why would millenials buy vehicles when tax is so high? And the roads are so bad? And the traffic is so high?

prateeknarendra
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It was an unfortunate way she expressed her frustration. If one looks at the world economies, even the developed ones, all of them have slowed down without exception.

Economy is always cyclical, currently made worse by geopolitics— US China trade war, Brexit uncertainty, Trump and the US fetish with war mongering—Iran, N Korea etc.

Because of the world wide economic slump all central banks in the West are lowering interest rates to near zero. This uncertainty has affected all industries across the board all over the world, not just India. With electric vehicles on the horizon car makers are caught in the transition phase and their sales have slumped all over the world not just in India.

Bear in mind the population of these advanced economies is a fraction of the population of India which makes it harder for Indians to withstand this worldwide slump.

Please ask your NRI relatives and friends in the US, UK Europe and other countries. They will confirm.

Nirmala Seetharaman is new in her portfolio and used an unfortunate expression to explain. This does not in any way absolve her of her responsibility or duties as a finance minister. But these very same millennials that are obsessively trolling her on social media should instead use their time and effort more constructively to improve their own and the nation’s prospects.

rameshtelang
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Such a shame to have as FM. Nothing compared to great Sushma Swaraj ji . This lady has a lot of arrogance

nv
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BJP
B- Brainless
J- Jansangh
P- Party

hitek.valves
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Wow.. But what about the decrease in sales of lorries, tractors...are they being used by youth now.. 🤔🤔

kumburubhargav
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1:30 bhel is at its lowest because millenials prefer pani puri.😂😂🤣🤣

realeyes
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Worst Def Min & Fin Min Nirmala Sitharaman . Load of arrogance

nv
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NO OLA & UBER HAS REPLACED TAXIS THIS IS COMPUTERISED AVTAR

vaijayantimhalsekar
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Madam ji majority of millennials in India can't even afford ola uber, they take public transport like bus or e rickshaw. Infact they are generating jobs for public transport so we should thank them rather critisizing there mindset

sudhirchandra
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Other side you will be saying use public cabs for low petrol consumption

balajideva
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You know the fact that Whole economy shutdown is not only due to millineals

balajideva
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Ma'am we millelennials have voted for your part to see our county develop not to take blame of your incapability and mismanagement and to hear your lame excuses be practical .

abhisekhchhetri
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didnt sound like blame, and few seconds later "sensational music in background", lol journalism

viks
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Unfortunate to say that u r from TN, d state gave abundon knowledgeable leaders and forward thinkers 2 d country. Being n a respectable chair didnt u thnk even 4r a second wat u r talking. U r just just just occupying a chair owned by honorable people drove dis nation 2 a better position.... so vat u did at pwc... u worked der us a ****. Fate of dis nation... vatelse still in ur stomach 4r us to digest....

balajiv