Abstract-.Corona virus outbreak was first reported in Wuhan, China on 31 December, 2019. The world continues to wage its war against COVID-19. This pandemic will significantly affect external social behavior, spending pattern, travel habits, supply chain, country interdependence and service delivery model with consequential impact of lifestyle, market and global economy. This paper mainly focuses on the impact of COVID 19 on Indian economy and also explains the way we face this challenge in a positive manner.