Explanation:

Ethanol Blending Programme (EBP) aims at blending ethanol with petrol, thereby bringing it under the category of biofuels and saving millions of dollars by cutting fuel imports and decreasing carbon emissions.

• E20 Fuel: Earlier, the Indian government had invited public comments for introducing adoption of E20 fuel (a blend of 20% ethanol with gasoline).
• The target is to achieve 20% blending of ethanol by 2025. The current permissible level of blending is 10% of ethanol, though India reached only 5.6% of blending in 2019. 
• Pradhan Mantri JI-VAN Yojana, 2019: The objective of the scheme is to create an ecosystem for setting up commercial projects and to boost research and development in the 2G Ethanol sector. 
• National Biofuel Policy 2018: The Policy categorises biofuels as "Basic Biofuels" viz. First Generation (1G) bioethanol & biodiesel and "Advanced Biofuels" - Second Generation (2G) ethanol, Municipal Solid Waste (MSW) to drop-in fuels, Third Generation (3G) biofuels, bio-CNG etc. to enable extension of appropriate financial and fiscal incentives under each category.

Hence both statements are correct.