Novel coronavirus, Covid 19, contracted the Indian economy nearly a quarter in April-June, shrinking more than expected. After recording the first GDP contraction in more than 40 years, India’s Q1 performance is now eliciting different responses from different quarters. Detailed video analysis on the impact of Covid 19 on the Indian economy, MSMEs, startups, agricultural economic dependence, GDP, inflation, FDI, unemployment, tax reforms, gig economy and economic recovery tools by Dr. S.P. Sharma, Chief Economist, PHD Chamber of Commerce & Industry.