Extension of eligible project notification under section 35AC continues for a multi-year period for Rural Youth Empowerment Program. The Central Government, under the Income-tax Act and the Explanation to section 35AC, notifies the 'Rural Youth Empowerment Program' as an eligible project or scheme for an additional multi-year period on the basis of the National Committee's recommendation, preserving the originally approved project cost and continuing the project's entitlement to section 35AC tax benefits.