India\u2019s budgets show the government\u2019s been fixing unrealistic revenue targets, and in the process setting itself up for falling short of fiscal deficit goals. While the government has estimated 19.8 trillion rupees ($280 billion) as revenue receipts for the year starting April, history shows it\u2019s missed income targets in each of the past five fiscal years. The risk of trailing behind goals is a budget deficit that could be wider than the 3.4 percent it estimates for both the current financial year ending March as well as the next. Overestimating the income it expects to receive from taxes, asset sales and other sources means increasing the need to borrow more to offset the revenue shortfall or a spending cut. India is set to miss its budget deficit targets for a second straight year, seen as credit negative by ratings companies. Also read:\u00a0Share Market Live: Sensex down 150 points, Nifty above 10,900; Tata Steel, Zee Entertainment shares gain While receipts in the 12 months through March 2018 were 4.7 percent lower than initially projected, the government is already lagging behind on its revenue collections target in the current financial year. It budgeted 17.3 trillion rupees, but has mustered only 10.8 trillion rupees, or 63 percent of the target, in first nine months of the year. The government is betting it will get a bump from asset sales and national sales tax in the final months of the fiscal year to help meet its goals. But economists are skeptical. \u201cMeeting revenue targets will be a long call,\u201d said N.R. Bhanumurthy, an economist at New Delhi-based National Institute of Public Finance and Policy. \u201cOverestimation happens, but to what extent it\u2019s there that\u2019s more important.\u201d Any significant shortfall in revenue will have to be offset by a cut in expenditure as well, he said. But that\u2019s unlikely to happen given the additional spending pressures ahead of elections that must be held by May. The government has allocated $2.8 billion as a cash handout to farmers in the current fiscal year. Past trends show governments slash expenditure to meet fiscal deficit goals when actual revenue fall short of the estimate.