New Delhi, July 19 -- Fund-raising through various financial instruments may get easier for companies in the days to come with the Union government trying to reduce compliance rigors as part of its 100-day agenda, a person familiar with the development said.

The ministry of corporate affairs is working on a proposal that covers various financial instruments that come under the Companies Act, the person mentioned above said on condition of anonymity.

One such instrument is shares with differential voting rights (DVR), which companies can use to raise capital without ceding control. "This will be of particular interest to start-ups keen to raise capital without diluting their stake in their company," said the person mentioned above.