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<h1>Govt Extends Eligibility for Vidya Pratishthan's Biotech Project Under Section 35AC, Maintaining Rs. 13.94 Crore Budget</h1> The Central Government has extended the eligibility of the project 'Sustainable development through biotechnology' by Vidya Pratishthan, located in Baramati, Maharashtra, under Section 35AC of the Income-tax Act, 1961. Initially notified for three years starting from the financial year 2005-06, the project has been approved for an additional three years, beginning with the financial year 2008-09. The National Committee for Promotion of Social and Economic Welfare recommended this extension, confirming the project's proper execution. The approved project cost remains unchanged at Rs. 13.94 crore.