"We are considering to bring in law to eradicate corruption and a bill will be tabled in this regard in next session of the assembly," Munda told a press conference here.
The proposed law will be separate from the existing one with the chief minister also coming under its purview, he said.
The law would ensure that the property of the accused could be seized and the government employees may lose their job, if found involved in graft practices, he said.
"We have initiated steps in this connection and started disposing pending cases related to corruption," Munda said.
On several cases, either having recommended to CBI or state Vigilance department, Munda claimed all these were either at the stage of disposal or charge-sheets being framed to reduce the number.
"We are discussing the legal aspect as well as quantum of punishment to be incorporated in the proposed law, he said.
Referring to report of land scam to the tune of Rs.1000 crore in Deoghar district, Munda said the case could be recommended to CBI investigation.
Asked to comment on the land acquisition bill passed in the ongoing Parliament session, the chief minister said the scenario in Jharkhand was completely different in many aspect.
Affriming his government was opposed to export of iron ores, Munda said "I had demanded the Prime Minister to impose ban on export of ore during a recent meeting.