With reference to the 'National Intellectual Property Rights Policy', consider the following statements: 1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement. 2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India. Which of the above statements is/are correct?

1. Statement 1 is correct. The National Intellectual Property Rights Policy (2016) explicitly states that India remains committed to the Doha Development Agenda and the TRIPS Agreement. The Policy aims to protect and promote IPRs in a manner conducive to social and economic welfare, while complying with its international obligations. 2. Statement 2 is correct. The National IPR Policy designated the Department of Industrial Policy and Promotion (DIPP), now known as the Department for Promotion of Industry and Internal Trade (DPIIT), as the nodal agency responsible for coordinating, guiding, and overseeing the implementation and future development of IPRs in India. 3. Therefore, both statements are correct.