The world is battling with modern horrors like the COVID-19, which has left the entire world befuddled and in the lurch as to how one virus has brought the entire world to a standstill. This devastating virus which is declared by the WHO as the pandemic has taken over almost 195 countries in its grip. The entire world is facing Covid-19 Pandemic, which has not left any part of the world to face it. One side lives are been lost as a result of Pandemic, on the other side largest problem that the world is facing big downfall in the economy too. This economic crisis has attacked various businesses in and around the world. In all sorts of Travel, Hospitality, Hotels, Restaurants, Bar, Package food, retail, e-commerce, Automobile etc. One of the severely affected industries is Textile manufacturing too which is the second largest employment creating industry after agriculture. The textile and clothing Industry employs over 105 million people and also earn around US $ 40 billion FOREX, apart from substantial revenue under GST and other taxes. But this industry is shut down since due to lockdown and all the stakeholders of the industry are suffering severely. This research paper explain the current situation of power loom industry of Belagavi which known for production of sarees.

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Keywords: Power Loom, COVID-19, GST, Hospitality, e-Commerce.