The whole Indian Economy is suffering badly due to pandemic Covid – 19. Almost all sectors of the economy have been severely hit because of this. Oil prices hit record low and FPI outflow worth 7.1 billion were ordered in FY 2019-20.The mass exodus of migrant worker from cities to their villages in an disorganized way showed that how the situation were mishandled. Job losses, GDP decline made at the same times it gave us opportunity like “Atmanirbhar Bharat” and “Make in India” where we aspire to become self-sufficient. Application of Internet of Things (IoT), Artificial Intelligence (AI), Nano-technology, Agriculture research and development, Block-chain etc. in our daily life becomes significant part in our life.  There is an opportunity for India to participate more actively in global supply chain and become the world leader. In this paper, I have tried to analyze the impact of Covid-19 and lockdown on Indian Economy. Lockdown has impacted us not only economically but mentally as well as socially too.

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Keywords: COVID-19, Pandemic, Atmanirbhar Bharat.