Exemption under section 35AC extended for CHIRAG rural hospital project, maintaining eligible status and tax relief conditions. Central Government specifies the construction of a rural hospital with furnishing, equipment and ambulance at Ramgarh Block, Kumaon, Nainital, Uttar Pradesh, carried out by Central Himalayan Rural Action Group (CHIRAG), as an eligible project under section 35AC for a further two-year period beginning with assessment year 2001-2002, following a National Committee recommendation based on satisfactory execution; the notification notes the estimated project cost and an associated corpus fund and invokes the Explanation to section 35AC and the Income-tax Rules to continue the project's eligible status.