It is still more than three times the 2% median for countries in the BBB rating category. The agency expects public investment, a pickup in private investment and favorable demographics to support growth over the medium term. Even at that level, India’s debt would remain high compared with similarly rated countries. Fitch said the resulting energy shock creates short-term risks, although it does not expect lasting damage to India’s growth prospects. Fitch’s BBB- rating is one notch below S&P’s rating.