Explanation:

• Statement 1 is correct. The BioE3 Policy is designed to provide innovation-driven support for research and development and entrepreneurship across various thematic sectors in biotechnology. It aims to enhance biomanufacturing and accelerate technology development and commercialization. It aims to speed up the development and commercialization of new technologies by setting up specialized centers like biomanufacturing hubs, bio-AI hubs, and biofoundries. It also supports broader government goals like reducing carbon emissions and promoting environmentally friendly lifestyles. 

• Statement 2 is incorrect. While the BioE3 Policy aims to foster a biotechnology-driven economy, it does not specifically prioritize genetically modified crops as the primary solution to global food security challenges. Instead, it focuses on a wide range of areas including high-value bio-based chemicals, biopolymers, smart proteins, functional foods, precision biotherapeutics, climate-resilient agriculture, and more.

Hence option 1st is correct.