With reference to the privatisation of companies, consider the following statements:
1. The Government follows a policy of strategic disinvestment of CPSEs, which are not in ‘priority sectors’.
2. For this purpose, NITI Aayog has been mandated to identify such CPSEs based on the criteria of (i) National Security; (ii) Sovereign function at arm’s length, and (iii) Market Imperfections and Public Purpose.
Which of the statements given above is/are correct?