Explanation:

Union Commerce and Industry Minister inaugurated e-SANTA, an electronic marketplace providing a platform to connect aqua farmers and the buyers.

• It will enable the farmers to get a better price and the exporters to directly purchase quality products from the farmers enhancing traceability, a key factor in international trade.
• The term e-SANTA was coined for the web portal, meaning Electronic Solution for Augmenting NaCSA farmers' Trade in Aquaculture.
• National Centre for Sustainable Aquaculture (NaCSA) is an extension arm of Marine Products Export Development Authority (MPEDA), Govt. of India, Ministry of Commerce & Industry.

e-SANTA will ‘RAISE’ the lives & income of farmers by

• Reducing Risk
• Awareness of Products & Markets
• Increase in Income
• Shielding Against Wrong Practice
• Ease of Processes

Hence only statement 1st is correct.