Explanation:

India’s first-ever diesel Tractor, converted to CNG, will be formally launched by the Union Minister for Road Transport and Highways on February 12, 2021.

• The conversion, carried out jointly by Rawmatt Techno Solutions & Tomasetto Achille India, will help farmers increase their income, by lowering costs, and help to create job opportunities in rural India.

The more specific benefits of converting the Tractor to CNG for a farmer are

• The test reports indicates that the retrofitted tractor produces more power/equal in comparison to Diesel-run engine.
• Overall emissions are reduced by 70% as compared to Diesel.
• It will help farmers to save up to 50% on the fuel cost as the current Diesel prices are Rs.77.43/L whereas CNG is only Rs.42/kg.

Hence only statements 1&2 are correct.