The pandemic originated from China, marking its beginning in 2019 and has been continuously spreading by then to all over the world, so far 218 countries and territories, and 2 international conveyances have been affected with COVID-19, U.S. being on the top with cases reaching to about 15 million, followed by India, Brazil and then by many European countries such as Russia, France, Italy and others. The COVID-19 cases are reaching to the big named countries with strong dominance in the global market which has adversely affected the economy globally. The spread of Corona virus (COVID-19) has led to the global recession, many companies are being bound to take stringent actions of laying of their employees, small business are being shut, manufacturing facilities are being put on hold. There has been a disruption in supply chain of many industries due to restriction in logistics and closing of manufacturing facilities. In addition, the slowdown in economy has lowered the spending capability of individuals and people are saving money for emergencies.