Explanation:

Atal Rankings of Institutions on Innovation Achievements (ARIIA)

• ARIIA is an initiative of Ministry of HRD, implemented by AICTE and Ministry’s Innovation Cell, Government of India 
• Under this the Government of India will systematically rank all the major higher educational institutions and universities in India on indicators related to “Innovation and Entrepreneurship Development” amongst students and faculties.
• ARIIA 2020 will have six Prize categories which also includes special category for women only higher educational institutions to encourage women and bringing gender parity in the areas of innovation and entrepreneurship.
• The other five categories are 1) Centrally Funded Institutions 2) State funded universities 3) State funded autonomous institutions 4) Private/Deemed Universities and 5) Private Institutions.

Hence both statements are correct.