Exemption under section 35AC extended for Friends of the Tribal Society literacy One Teacher Schools for a further three-year period. The Central Government specifies the literacy scheme run by Friends of the Tribal Society for operation of 2890 One Teacher Schools in six states as an eligible project under the Explanation to section 35AC for a further three-year period commencing with financial year 2004-2005, without change in the approved cost, following the National Committee's recommendation that the project is being executed properly.