Consider the following statements regarding the National Food Security Act (NFSA), 2013:

1. The coverage is 50% of the rural population and up to 75% of the urban population for receiving subsidized foodgrains under the Targeted Public Distribution System (TPDS).

2. The objective is to provide for food and nutritional security in the human life cycle approach, by ensuring access to adequate quantities of quality food at affordable prices to people to live a life with dignity.

Which of the statements given above is/are correct?