Explanation:

According to policy research working paper of World Bank, Poverty in India is 12.3 percentage points lower in 2019 as compared to 2011.

• The poverty headcount rate has declined from 22.5 percent in 2011 to 10.2 percent in 2019.
• Poverty reduction was higher in rural areas as compared to urban India.
• Rural poverty dropped by 14.7 percent while urban poverty declined by 7.9 percentage points during 2011 to 2019.
• Farmers with small landholding sizes have experienced higher income growth.
• Real incomes for farmers with the smallest landholdings have grown by 10 percent in annualized terms between the two survey rounds in 2013 and 2019 compared to a 2 percent growth for farmers with the largest landholding.

Hence both statements are correct.