The Covid-19 pandemic had a severe negative impact on the Indian economy. In the fiscal year 2020-21, India's GDP contracted by 7.3%, the worst contraction ever recorded. Key sectors like industrial, domestic, and agriculture were hit hard. The pandemic led to rising unemployment, with the urban unemployment rate doubling to over 20% in the first quarter of 2020 due to lockdowns. While restrictions have eased, the economic effects of the pandemic continue to be felt in India.