Consider the following statements about the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) scheme.

I. The scheme is being implemented by the Ministry of Housing and Urban Poverty Alleviation. 

 II. The scheme is a restructured version of the Swarna Jayanti Shahari Rozgar Yojana (SJSRY) which was launched in 1997. 

 III. According to the Constitution (74th Amendment) Act, 1992, poverty alleviation in urban regions is a legitimate function of the Urban Local Bodies (ULB). 

Which of the above statements is correct?