Explanation:

• Vidyarthi Vigyan Manthan (VVM) is an initiative of Vijnana Bharati (VIBHA), in collaboration with Vigyan Prasar, an autonomous organization under the Department of Science and Technology, Government of India and National Council of Educational Research and Training (NCERT), an institution under the Ministry of Education.
• ‘Vidyarthi Vigyan Manthan’ 2020-21 has been launched recently. VVM is a national program for popularizing science among school students of standard VI to XI, conceptualized to identify the bright minds with a scientific aptitude among the student community.

Hence both statements are correct.