The impact of covid-19 is observed in every sector around the world. The various sectors such as -Global tourism, Education, Economic activity are badly affected by this. It has enforced the world wide lockdown creating very bad effect almost all sectors of the economy. Amid the coronavirus pandemic several countries across the world redorted to lockdown to "flatten the curve" of the infection. These lockdown meant confining millions of citizens to their homes, shutting down businesses and ceasing almost all economic activity. The outbreak of Covid-19 has taught us catalyst for the various sectors of the economy to grow and opt for platforms with technologies which have not been used before. The global economy has been fighting to survive the crises with different approach and digitizing the challenges to wash away the threat of pandemic. This paper highlights the impact of pandemic on various sectors of global economy and provide some measures taken by government to wash away the threat of the pandemic. Both the positive and negative impact of COVID -19 are discussed and some fruitful suggestions are also pointed to carry out economic activities in various sectors during pandemic situations.