International Science Community Association Research Journal of Management Sciences 2319-1171 10 1 2021 01 6 Economic impact of COVID-19 in the Nepalese Tourism Sector 7 16 EN Munshi Jyotsna 1 IESs Management College and Research Centre, Bandra, Mumbai, Maharashtra, India Sharma Harshit 2 IESs Management College and Research Centre, Bandra, Mumbai, Maharashtra, India Thapa Vashista K. 1 School of Management, Tribhuvan University, Kirtipur, Nepal Magar Diwakar Thapa 2 School of Management, Tribhuvan University, Kirtipur, Nepal Basnet Nirajan 3 Central Department of Management, Tribhuvan University, Kirtipur, Nepal Poudyal Khem N 4 Department of Applied Sciences Pulchowk Campus, Tribhuvan University, Nepal > Review Paper 2020 11 6 2021 01 6 Covid-19 has affected our overall Nepalese economy, however, especially in the tourism industry calamitous situation can be observed. With the 2020 campaign, the year 2020 was expected with high revenue generation through tourism, which due to the Covid-19 pandemic ruined. Time and again pandemics have struck the world, but the current Covid-19 situation is different in changed perspective, socio-economic situation. In Nepal, the current tourism economic situation and its future economic impact by Covid-19 have been studied minimally. Here, based on secondary data, the descriptive-analytical methodology is undertaken to identify the result by comparing between last and current fiscal years economic indicators. Mainly, impact on tourism-related revenue, job prospect within, while also considering effects on other major economic sub-sectors, Covid-19 infected rate, and situation by province is taken as part of this study. The economy cant survive with a good socio-health condition, necessary infrastructure should be built beforehand not only for the health sector but also in economic aspects. Tourism is a highly impacted where related jobs, service sector, foreign currency earning, and overall revenue from this sector has been collapsed. Until and unless the government cannot address health and safety issues for easy tourist arrival, normality and revival of this industry are impossible. By the past pandemic scenarios, we have learned that rebound from every economic crisis is possible. Copyright@ International Science Community Association