Government has the primary responsibility to (a) provide security – internal and external to its citizens (b) maintain law and order (c) dispense quick and fair justice and enforce contracts (d) build physical infrastructure (e) provide basic social services such as education, health and water supply (f) implement good governance (g) maintain macro economic stability, (h) regulate the markets where there are monopolies, externalities, economies of scale (i) build social safety nets for the poorest and vulnerable segments of the population.
Markets need government and government needs markets. The state is not a substitute for the market but a critical complement and that Government action is essential to ensure that development process is inclusive and the benefits of growth are not pre-empted by a small class of elite in the country.