As at today, Information published by the ministry of health in Sri Lanka stated that reported positive cases of covod-19 are about 7,784 including 15th death and 3803 recovered cases. Trend of the daily reported cases shows increasing rate by immerging new clusters of covid19 in different places in Sri Lanka. it seems to be higher risk of being social spreading ahead in Sri Lanka otherwise appropriate controlling measures will not be taken at correct time. Social and economical impacts to the country due to this situation can not be predictable. However in present context, there are many more significant impacts to be negatively appeared in the deferent sectors including textile, truism, construction, real state, automotive industry and aviation sector. However there are potential gainers such as ICT, E-commerce, medical suppliers and some food processors who could maintain their business operations with least interruptions. IF this siuation continues, there will be many social and economical issues raised in the communities specially with day to day life of public, self and daily earners income, SMSME sector as well.