Jharkhand Chief Minister Hemant Soren said the central land acquisition bill did not favour the state's tribal people, and told reporters Sunday that he would raise the issue with the union government.

 

 "The state government will formulate its own policy to give maximum benefit to people of the state," Soren said.

 

 The new land acquisition bill of the centre lays down that land would be acquired by offering four times the market price of the land in rural areas.

 

 In Jharkhand, several steel, power and other projects are hanging in balance because of the problem of land acquisition.