There is every reason to believe that the fall out of this pandemic would be much deeper in the global economy as compared to Financial Crisis of 2008 and in case, the International Monetary Fund’s (IMF) estimation of global economy shrinking by 3% during 2020 turns out to be true; this period would mark the steepest downturn since the ‘Great Depression’ of 1930s. Great Depression started with a stock market crash in United States of America and it soon had almost the entire world in its clutches. In mid crisis period, John Maynard Keynes published his book titled “General Theory of Employment, Interest and Money” in the year 1936. Later Keynes came to be known as the father of ‘Macroeconomics’ since he was the one to provide the solution to the crisis which eventually worked. Present crisis situation is unique in the sense that we are not only witnessing a massive demand shock but also a supply shock due to disruption of supply chains across the world. In the present situation, t