Youth are the growth factor for any country. They form a large portion of the population. India is one of countries where youth are in abundance. But due to the outbreak of Coronavirus, life has come to a standstill. Lockdown has damaged the economy and its adverse effects are felt by our youth. The unemployment rate is increasing at a jaw dropping rate. In the past three months youth of every country across the globe have lost their jobs. Companies have laid off a huge number of employees to cut down the costs and sustain in the market. Lots of youth who have retained their jobs despite facing huge pay cuts in salaries. Some of them have availed loans for various purposes. Many of them have taken up EMI schemes. But due to the Coronavirus they have lost their livelihood. They are not able to pay the loans and pay interest. For some, the situation is so dire that it has led them to commit suicide. Depression has taken deep roots in their life also affecting their loved ones.