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?

Statement 1: Correct. The National IPR Policy, 2016 explicitly reaffirms India’s commitment to the Doha Development Agenda and the TRIPS Agreement, while safeguarding public interest.
Statement 2: Correct. The Department of Industrial Policy and Promotion (DIPP) was designated as the nodal department for IPR policy, promotion, and coordination in India (now DPIIT).
Therefore, both statements are correct.