Hello Aspirant

Yes, you can definitely pursue two degrees at the same time, there's no harm in it. You must realise it will be a lot of work and stress on you at the same time. I suggest that if you're planning on becoming a teacher at the school level, do your BED from regular college and your Master's from distance learning because schools prefer teachers who have real-time experience in BED programs and not from Distance learning because it is a professional course.

Hope this helps