Consider the following statements regarding Indian Planning. 1. The Second Five Year Plan emphasised on the establishment of heavy industries. 2. The Third Five Year Plan introduced the concept of import substitution as a strategy for industrialisation. [CSE (Pre) 2009] Which of the statement(s) given above is/are correct?

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Consider the following statements regarding Indian Planning. 1. The Second Five Year Plan emphasised on the establishment of heavy industries. 2. The Third Five Year Plan introduced the concept of import substitution as a strategy for industrialisation. [CSE (Pre) 2009] Which of the statement(s) given above is/are correct?