Exemption under section 35AC: specified technical training scheme granted a further three year eligible project period. The Central Government, exercising powers under subsection (1) read with the Explanation to section 35AC, specifies the Jnana Prabodhini Shivlal Shah Yojana (construction of building, purchase of equipment and running of the technical training scheme) by Jnana Prabhodhini-Solapur as an eligible project for a further three-year period beginning with the assessment year 2001 2002, following the National Committee's recommendation that the project is being executed properly.