Consider the following statements regarding the Election Seizure Management System (ESMS):

1. The software is designed to digitize data for items that have been intercepted and seized, such as cash, liquor, drugs, precious metals, freebies, and other items, during the Model Code of Conduct period.

2. It is going to be introduced in India for the first time in the upcoming General Election 2024.

Which of the above statements is/are correct?