With reference to the revenue receipts of Tamil Nadu for the year 2024-25, consider the following statements:

1.The total revenue receipts projected by the Government for 2024-25 is ₹2,99,010 crore.
2. The State’s own revenues constitute 24.4%, while the remaining comes from the share in Central taxes and grants-in-aid.
Which of the statements given above is/are correct ?