According to Fitch Ratings, India's GDP growth forecast for the current fiscal year is minus 10.5%, amid the ongoing COVID-19 pandemic. Some key points related to this forecast include:

• This is a revision from their previous forecast of minus 5% in June 2020.
• The significant downward revision is due to the severe impact of the pandemic on India's overall economic activity, especially during the nationwide lockdown imposed in Q1 of FY2021.
• They expect the economy to recover gradually in the second half of the fiscal year, with growth expected to bounce back to 11% in FY2022.
• The agency has also highlighted the increased risk associated with India's high government debt and its impact on future growth.
• Overall, the agency has maintained a negative outlook for India's economy due to the ongoing uncertainties surrounding the pandemic and the efforts to contain it.

It is important to note that this is one of several forecasts made by different rating agencies, and projections may differ based on various factors and assumptions.