Neelakash,
You should find useful information on wiki starting from this page:
If you can assume low (relative) velocities, then the Stokes's drag would be all you need.
Since your droplet would be decreasing in size, the drag force and the mass of the droplet would change in time.
Finally note that this problem has some industrial applications.
In gas conditioning towers, water sprays are often used to cool down a gas stream before further treatment.
The small difference with your problem is that the gas is streaming.
As you may imagine, the efficiency of the cooler tower is essentially determined by the size of the droplets.
If the droplets are not small enough, they will not have enough time to evaporate completely in the tower. When the gases are dusty, this may produce sludges at the bottom of the tower.
Note also that the evaporation rate will depend on the temperature and humidity of the gas. Obviously saturated gas will block any evaporation, and high temperatures will increase evaporation. If you want to know more about this, have a look for "psychrometry" on wiki or elsewhere. The psychrometric ratio will also show you a link between the heat transfer coefficient and the mass transfer coefficient (for a water vapor-air mixture). With all these information, all the details of droplet evaporation in gas stream can be simulated.