Deep spiking neural networks (SNNs) have emerged as a potential alternative to traditional deep learning frameworks, due to their promise to provide increased compute efficiency on event-driven neuromorphic hardware. However, to perform well on complex vision applications, most SNN training frameworks yield large inference latency which translates to increased spike activity and reduced energy efficiency. Hence,minimizing average spike activity while preserving accuracy indeep SNNs remains a significant challenge and opportunity.This paper presents a non-iterative SNN training technique thatachieves ultra-high compression with reduced spiking activitywhile maintaining high inference accuracy. In particular, our framework first uses the attention-maps of an un compressed meta-model to yield compressed ANNs. This step can be tuned to support both irregular and structured channel pruning to leverage computational benefits over a broad range of platforms. The framework then performs sparse-learning-based supervised SNN training using direct inputs. During the training, it jointly optimizes the SNN weight, threshold, and leak parameters to drastically minimize the number of time steps required while retaining compression. To evaluate the merits of our approach, we performed experiments with variants of VGG and ResNet, on both CIFAR-10 and CIFAR-100, and VGG16 on Tiny-ImageNet.The SNN models generated through the proposed technique yield SOTA compression ratios of up to 33.4x with no significant drops in accuracy compared to baseline unpruned counterparts. Compared to existing SNN pruning methods, we achieve up to 8.3x higher compression with improved accuracy.