Consider the following statements regarding the National Critical Minerals Mission (NCMM) and recent budgetary measures taken to support critical minerals in India:
1. The budget this year has exempted cobalt powder, waste and scrap of lithium-ion batteries, lead, zinc, and other critical minerals from basic customs duty to promote small and medium firms in the clean energy sector.
2. The National Critical Minerals Mission (NCMM) is being set up under the Ministry of Environment, Forest and Climate Change to enhance domestic production and recycling of critical minerals.
Which of the above statements are correct?