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ABSTRACT India is a country that attracts millions of tourists every year and is considered one of the most popular tourist destinations in the world. Tourism is seen as an important tool for bringing socio-economic development to the people of the country. Not only this, the tourism industry provides employment opportunities to many people from different parts of the world. Tourism is also a major foreign exchange earner for India. According to WTTC, India is ranked 10th among 185 countries in terms of travel & tourism's total contribution to GDP in 2019. During 2019, the contribution of travel & tourism to GDP was 6.8% of the total economy, which is Rs. 1,368,100 crore (US$ 194.30 billion). The sector was also one of the largest foreign exchange earners (FEEs). In 2019, FEEs from tourism increased by 4.7% that is 1,94,881 crore (US $ 29.96 billion) over the previous year. In 2019, the Indian Travel & Tourism sector accounted for 40.10 million jobs, which was 8.4% of the total employment in the country. But the outbreak of the epidemic has seriously affected the economy of India. As a result of this pandemic, Government imposed many restrictions like quarantine, entry ban and other travel restrictions. These restrictions have adversely affected the tourism sector. According to the Ministry of tourism, the total foreign tourist arrivals in the state slumped by -74.9% from 10.93 million in 2019 to 2.74 million in 2020. Consequently, the total earnings from tourism declined by -76.84%, the revenue generated from tourist footfall were 50,136 crore in 2020 as compared to Rupees 2,16,467crore in 2019. In order to revive the tourism sector, the Central Government has announced various initiatives. In this context, this study analyzes the economic impact of the COVID-19 on the tourism sector in Indian economy and also describes the important initiatives taken by the central government to revive the tourism sector. This study is based on secondary data.