Nikhil Gupta, the author of recently out book “The Eight Per Cent Solution” was at the International Centre Goa on Friday, February 23, 2024 as the keynote speaker for the Kitaab Books in Discussion series. Nikhil Gupta who’s with a leading brokerage has been a keen observer of the policies and factors which promote the growth of a country. As he puts it, an economy consists of four participants – households, corporate, government and external – and just three activities of consumption, savings/investment and external trade. However, what is shocking is the lack of attention to the finances of the household sector and unlisted corporate sector in India. Also there’s the gap between real and financial economy which needs to be bridged…in his talk Gupta opined that India needs to save more over the next two decades to grow to an 8 per cent economy. After the book presentation the author fielded questions, mostly from students of commerce and economics, who made up the audience. Gupta said that India has seen a significant drop in savings and “the government must encourage a spirit of savings …and also reduce its own debt by encouraging private sector to invest more in infrastructure projects.”