Which of the following statements is correct regarding the launch of R&D initiatives by Union MoS Bhupathiraju Srinivasa Varma under the Steel Research Technology Mission of India (SRTMI)?

1
The three schemes launched include Challenge Method, Open Innovation Method, and Startup Accelerator scheme.
2
SRTMI was launched to boost innovations in the automotive sector
3
The launch event took place in Mumbai on March 12, 2025.
4
Bhupathiraju Srinivasa Varma launched only one R&D scheme under SRTMI.
5
The 'SteelCollab' portal is aimed at promoting digitalization in the healthcare sector.

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