With reference to Wormivet consider following statements It is an indigenous herbal dewormer av...........

Explanation:

Recently, National Innovation Foundation India (NIF) has brought out an indigenous herbal medication (dewormer) in form of commercial product for livestock owners as an alternate to chemical method of treatment of worm. Hence statement 2nd is incorrect because NIF is setup to provide institutional support for scouting, sustaining, spawning and scaling up the grassroots innovations across the country.

• It is promoted development of a commercial product ‘Wormivet’ through Rakesh Pharmaceuticals, Gandhinagar, Gujarat.
• To make the indigenous herbal dewormer titles ‘wormivet’ available for livestock owners, NIF worked on a medication in treatment of endoparasite (worm) infestation among livestock.

Hence only statement 1st is correct.