Explanation:

On 1st January 2021, Prime Minister Modi will announce winners under Affordable Sustainable Housing Accelerators - India (ASHA-India) and give out annual awards for excellence in implementation of Pradhan Mantri Awas Yojana - Urban (PMAY-U) Mission

• Affordable Sustainable Housing Accelerators - India (ASHA-India) aims to promote domestic research and entrepreneurship by providing incubation and acceleration support to potential future technologies.
• Under ASHA-India initiative, five ASHA-India Centers have been set up for providing incubation and acceleration support.
• The technologies, processes and materials identified through this initiative will provide a major fillip to young creative minds, start-ups, innovators and entrepreneurs.

PMAY-U Mission

• Pradhan Mantri Awas Yojana - Urban (PMAY-U) Mission has been designed to achieve the vision of “Housing For All by 2022”.
• In order to recognize the outstanding contribution by States, UTs,Urban Local Bodies and beneficiaries, the Ministry of Housing and Urban Affairs has introduced annual awards for excellence in implementation of PMAY-Urban.

Hence both statements are correct.