The Pandemic Covid-19 has adversely affected the economic scenario of countries all across the globe. India is no exception. Though the importance of social distancing and lockdown in curbing the spread of the virus cannot be stressed enough, yet these measures have caused huge repercussions on the economic growth of our country. This is because, the lockdown of the nation is causing significant disruption across multiple sectors, including Manufacturing, Tourism, Hospitality, Oil and Financial among others. The ripple effect of this shut down is having a key impact on India’s economy, as well as business sectors are getting affected, resulting in low revenue generation due to an eventual halt/ slump on the sale of products and/or services. Businesses are experiencing major impacts, no matter how established they are and are having to re-look at how they manage and operate their activiti including re-visitation of their business plans. Startups or relatively small businesses are finding it more difficult as they have smaller margin for managing sudden slumps. So during this testing time, entrepreneurs will have to adapt to a new set of rules and be mindful of certain aspects to alleviate risks and to survive the slowdown caused by Covd-19. Moreover, it is also very important to stay connected during this phase.