The introduction of an unwanted pandemic has clutched the entire world, named Corona Virus or COVID 19. The impact of COVID is so serious the world health organization has declared it as a pandemic. The outbreak of COVID has unpredictable and unprecedented impact the economy throughout the globe and India is not at all an exception to this. The whole world has gone into Lockdown of several days. Even after the lock down the people are so scared to come out and be involved in the economic activities like before, that it becoming vary challenging around the world to be normal. As we said that India is not an exception to this, it has to bear economic pressure and long term consequences on Indian Industries, resulting the declining the economic stabilization. The Indian government has announced number of measures to handle the pandemic extending to food security, additional funds to health care industry, tax exemptions and incentive along with extended deadlines and others. The country wide lockdown of twenty one day followed by step lock down of several days in whole of the India and than in respective states, has created a disruption in the demand and supply equation. This will give a slowdown impact on economy. The present study has been undertaken with the object to find out the existing and potential impact of Covid 19 on different sectors of the Indian economy and various industries such as manufacturing, Banking, real State and others. However there are certain aspects and areas which can be benefitted by this pandemic such as adaptation of self dependent economy. This article will also enlighten the same and will also to deal with survival strategies to overcome such tough situation.

Keywords: Corona Virus, Pandemic, Economic Struggle, Implications, Survival Strategies.