NOT educating women has a tremendous economic cost. That is the finding of the World Bank, revealed in its latest report, released on the occasion of ‘Malala Day.’ According to the report, not educating women globally costs anything between USD 15 and USD 30 trillion. And the worst situation in this regard is that of the low income countries, where majority of girl children are not even able to complete their primary and lower secondary education. As a result the world economy is deprived of the services of women as they are unable to secure gainful employment and contribute to creation of wealth. On the contrary it was found that educated women have contributed much to national economies whenever they got the opportunities. Not educating girl child is deeply rooted in the cultural biases against women, mostly in backward or traditionbound societies as also due to economic reasons where educating male child is gets greater priority over girls. Similarly, financial dependence is another impeding factor in women’s development as a human being.