The correct answer is: d) All of the above
Bureaucratic hurdles and procedural delays can discourage potential investors in Bihar, highlighting the need for ease of doing business reforms, single-window clearance systems, and transparent regulatory processes.
Ease of doing business reforms aim to simplify and streamline the process of starting and running a business. This can be done by reducing the number of required permits and licenses, streamlining the approval process, and making it easier to access credit.
Single-window clearance systems provide a one-stop shop for businesses to obtain all the necessary permits and licenses. This can help to reduce the time and cost of doing business.
Transparent regulatory processes ensure that businesses are treated fairly and that there is no corruption. This can help to attract investment and create a more business-friendly environment.
All of these reforms are essential to improve the business climate in Bihar and attract investment.