It is now a well known fact that Corona Pandemic has devastated the Indian Economy, disrupting not only the informal sector but also the formal one. The GOI has launched a ₹20 lakh crore stimulus package including both fiscal and monetary measures called Atma Nirbhar Bharat Package to rescue the Indian Economy. The real direct cash benefits from the current package by the GOI as estimated by various experts is to be around ₹2.5 lakh crore, roughly equivalent to 1-1.5% of Indian GDP, not 10% as pointed out by the government. Now the questions arise, Is the tactics adopted by the GOI tenable for the current times and what is the best way forward to rescue the Economy reeling under due to Pandemic and prepare for such hard times in future. Economic Package- A Relief or an illusion? The current situation is a mixture of supply-side and demand-side disruptions, so the Economic stimulus in this situation will be small, no matter how big it is given. It is a matter of the fact that th...