New Delhi, Sept. 24 -- The Centre has the fiscal space to lift infrastructure spending beyond the budgeted Rs.11.21 lakh crore for this financial year if private sector spending remains subdued amid global headwinds, two officials said. The government has room to raise its 2025-26 capital expenditure (capex) by Rs.20,000-30,000 crore, contrasting with FY25's cutbacks and taking it closer to Rs.11.5 lakh crore, they added. Even if its spending runs slightly above target, the Centre will stick to its fiscal deficit goal of 4.4% of gross domestic product (GDP) for FY26, supported by buoyant tax collections and a record dividend transfer from the Reserve Bank of India, the officials said, declining to be identified. Despite repeated calls from ...