India cabinet approves $18 billion in infrastructure, urban, startup projects, minister says

FILE PHOTO: The Bandra-Worli sealink bridge is seen on a cloudy day in Mumbai, India, June, 11, 2020. (Reuters)
Short Url
Updated 14 February 2026
Follow

India cabinet approves $18 billion in infrastructure, urban, startup projects, minister says

India’s ​cabinet has approved ‌projects worth ‌about ​1.6 ‌trillion ⁠rupees ($18 ​billion) for infrastructure, ⁠urban development ⁠and ‌startups, ‌Information Minister ​Ashwini ‌Vaishnaw said ‌on ‌Saturday.
($1 = 90.5250 Indian ⁠rupees)


US NATO envoy says allies must ‘pull weight’ after Czech defense cut

Updated 6 sec ago
Follow

US NATO envoy says allies must ‘pull weight’ after Czech defense cut

PRAGUE, March 12 : The United States’ ambassador to ‌NATO said on Thursday that all allies must “pull their weight,” after Czech lawmakers approved a 2026 budget that cuts defense outlays.
Czech Prime Minister ​Andrej Babis’ government, in power since December, pushed a revamped budget through the lower house on Wednesday evening which cut the defense ministry’s allocation versus a previous proposal to 154.8 billion crowns ($7.31 billion), or 1.73 percent of gross domestic product.
That is below a NATO target of 2 percent of GDP already expected before alliance members pledged last year in the Hague ‌to raise defense spending ‌to 3.5 percent of GDP plus ​1.5 percent ‌on ⁠other defense-relevant investments ​over ⁠the next decade.
The Czech Finance Ministry says total defense spending in the budget will reach 2.07 percent of GDP, but the country’s budget watchdog has warned that includes money earmarked elsewhere, like for the transport ministry for road projects, that may not be recognized by NATO.
“All Allies must pull their weight and ⁠honor The Hague Defense Commitment,” US Ambassador to ‌NATO Matthew Whitaker said on X ‌on Thursday with a picture of ​a news headline on the Czech ‌budget approval.
“These numbers are not arbitrary. They are about ‌meeting the moment — and the moment requires 5 percent as the standard. No excuses, no opt-outs.”
European NATO countries are under pressure to raise defense spending amid the Ukraine-Russia war ‌and at US President Donald Trump’s urging.
Babis, whose populist ANO party won elections last year, said ⁠in February ⁠the country was “certainly not” on the path to raising core defense spending to the 3.5 percent target, saying there was a different focus, like on health care.
The budget watchdog on Thursday reiterated “strong doubts” that some spending deemed defense in this year’s budget would meet NATO’s definition.
President Petr Pavel, a former NATO official, has also said defense cuts risked a loss of trust from allies — but has signalled he would not veto the budget.
US Ambassador to Prague Nicholas Merrick said last ​week the Czech Republic may ​slip to the bottom of NATO’s defense-spending ranks.