Explanation:

Delhi’s iconic Rajpath – stretching from Rashtrapati Bhavan to India Gate – is all set to be renamed Kartavya Path (Path of Duty), with Prime Minister Narendra Modi inaugurating the revamped Central Vista Avenue.

• The avenue is part of the larger Central Vista project, where a new triangular Parliament Building, along with the Central Secretariat and several other Government offices are being rebuilt.
• Called Kingsway during British rule, it was built as a ceremonial boulevard by Edwin Lutyens and Herbert Baker, the architects of New Delhi, in around 1920.
• Running from Rashtrapati Bhavan on Raisina Hill through Vijay Chowk and India Gate, the avenue is lined on both sides by huge lawns, canals and rows of trees.
• Following the independence of India, the road was given its Hindi name of ‘Rajpath’ in place of its English designation. This represented a mere translation than a renaming since ‘Rajpath’ in Hindi broadly means king’s way.
• The construction work for the Central Vista Redevelopment Project started in February 2021, with the new Parliament building and redevelopment of central vista avenue as its first phase.

Hence only statement 1st is correct.