Consider the following statements:
Statement 1: The four Labour Codes were passed by Parliament to protect the rights and provide welfare measures to workers in both the organized and unorganized sectors.
Statement 2: Labour is included in the Union List under Schedule VII of the Constitution, giving Parliament exclusive power to legislate on labour-related matters.
In the context of the above statements, which of the following is correct?
1
Both Statement 1 and Statement 2 are correct, and Statement 2 is the correct explanation of Statement 1.
2
Both Statement 1 and Statement 2 are correct, but Statement 2 is not the correct explanation of Statement 1.
3
Statement 1 is correct, but Statement 2 is incorrect.
4
Statement 1 is incorrect, but Statement 2 is correct.