Consider the following statements regarding Infrastructure and Urban Development in the Union Budget 2025-26:
- The Urban Challenge Fund has been allocated ₹1 lakh crore to modernize cities and transform them into growth hubs.
- The Modified UDAN Scheme aims to enhance regional air connectivity to 120 new destinations.
Which of the statements given above is/are correct?
1
Only Statement 1
2
Only Statement 2
3
Both Statements 1 and 2
4
Neither Statement 1 nor 2