Abstract: Widely recognized as leading instrument of change, role of education in promoting economic and social development of society in post COVID-19 scenario can’t be overemphasized. Education is one of the very basic necessities required to successfully vitalize economic and social strata of any country. On economic front, paper compares different level of education and their respective roles in promotingeconomic development and income prosperity in Post COVID-19 scenario. All three levels i.e. primary, secondary and higher levels of education are investigated for their current status and pressing need for improvement in identified weak areas has also been elaborated. Education effect on social front, on other hand, is dealt with emphasis on cultural and psychological dimensions that have significantly changed due to COVID-19. The study develops holistic perspective that suggest framework for integration of education at very basic level in order to reap its rich dividends on both economic and social fronts.