<h1>Finance Minister Proposes Unified Foreign Investment Caps to Simplify Procedures and Boost Investment in India.</h1> The Union Finance Minister proposed eliminating the distinction between different types of foreign investments, such as foreign portfolio investments and foreign direct investments, in favor of composite caps. This move aims to simplify procedures for Indian companies to attract foreign investments. Sectors already on a 100 percent automatic route will remain unaffected. Additionally, the proposal includes allowing foreign investments in Alternate Investment Funds to boost investment from various sources.