Union Budget 2026–2027: ISMA wants to rationalise the GST and push for biofuels.
According to an industry group, biofuels, flex-fuel cars, and hybrids can improve air quality quickly, reduce the need for oil imports, and increase farmer incomes. The Indian Sugar and Bio-energy Manufacturers Association (ISMA) has asked for extensive fiscal and policy changes to accelerate biofuels and sustainable transportation solutions as India struggles with growing urban air pollution, rising crude oil imports, and growing climate responsibilities. Ahead of the Union Budget 2026–27, ISMA has urged the Government of India to undertake comprehensive GST rationalisation and targeted incentives across the …