COVID-19, an infectious virus, spread all over the world and adversely affected all facets of the economy. This economic earthquake reached into an astonishing array of many sectors, mutilating them to a great extent. It is estimated that the impact of COVID-19 on the Indian economy during 2020 may reach nearly 8.8tn Indian rupees. The pandemic had incurred an enormous loss to the economy and had a staggering impact on global education. According to UNESCO, 63 million teachers were affected in 165 countries. The Director of the Division of Policies and Lifelong Learning Systems also highlighted the concern that prolonged closure of schools may have major implications on teaching, learning, assessments and credentials. The disruption of teaching and examination has delayed student progression and resulted in a broader socio-economic impact.