You are a District Magistrate of an area which has seen a huge surge in COVID-19 cases during the second wave of pandemic in India. The health infrastructure is already overburdened. (Hospitals) are overwhelmed, crematoriums and burial sites are regularly running out of space, and covid testing is struggling to meet the demand. Also, the vaccination drive is at the risk of going off-track due to supply mismatch. During this difficult time, you come to know that there are some people who are engaging in black marketing (hoarding and profiteering by using shady trick in the black market), ransom and swindle Covid-19 patients and their kin in the name of scarcity of drugs, oxygen and hospital beds. Black marketing, hoarding and profiteering are a classic case of market failure, which highlights the significance of (state intervention) in a crisis situation. How can state effectively play the role of a regulator as well as service provider in such a case of market failure?