IPS conducted a household survey on the impact of COVID-19 during April – May 2021. The survey covered 300 households across ten districts in Sri Lanka, mainly focusing on low and middle-income earning families. Specific emphasis was on the first and second waves of COVID-19 in Sri Lanka, from March – June 2020 and October 2020 – March 2021, respectively. The survey assessed the impacts of the pandemic on employment, income and consumption. It also examined the effectiveness of the government’s social protection initiatives such as the LKR 5,000 cash transfers and in-kind transfers (dry ration pack) provided during the first and second waves of the pandemic as COVID-19 relief measures.