Consider the following statements with respect to the Economic Survey 2024-25:
Statement I: The share of government health expenditure in total health spending has increased from 29% to 48%, leading to a decline in out-of-pocket expenditure for individuals.
Statement II: The Localization of Sustainable Development Goals (SDGs) strategy ensures that Gram Panchayat budgets are aligned with SDG targets at the grassroots level.
Which of the following is correct with respect to the above statements?
1
Both Statement I and Statement II are correct, and Statement II explains Statement I.
2
Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
3
Statement I is correct, but Statement II is incorrect.
4
Statement I is incorrect, but Statement II is correct.