In the recent times, to stimulate the educational potential as well as to stop the early marriages of female child, West Bengal Government, with the expertise of Ministry of Department of Women development and Social Welfare (DWD&SD) curated a cash incentive scheme called Kanyashree Prakalpa, launched in the year of 2013, dated 8th April. The main objective of the scheme was to promote higher education as well as stop child marriage, which will showcase a decrease in the mortality rate of both mother and child.The implementation of Kanyashree Prakalpa was done and became a success, but what is the present scenario regarding the scheme?Thepaper specifically caters the educational aspect of Kanyashree Prakalpa and from the results it was determined whether the scheme has served its purpose in the current setting.The findings of this study suggest that Kanyashree had positive impact on female admission rate in rural area and dropout rate in both rural and urban areas.