The Jammu and Kashmir government, along with Chief Economic Advisor Arvind Subramanian, is preparing a detailed presentation for the Prime Minister’s Office on implementing universal basic income (UBI) in the strife-torn state. This will envisage eliminating all other forms of subsidies and replacing these with an equivalent amount of cash in the bank accounts of beneficiaries.

A final decision on whether to implement the programme in J&K rests with Prime Minister Narendra Modi. The presentation being made by J&K Finance Minister Haseeb Drabu and Subramanian’s teams might ...