It is launched by NITI Aayog and Quality Council of India (QCI). Hence statement 1 is correct. The framework envisages bringing radical reforms in the way infrastructure projects are executed in India. Hence statement 2 is correct. It has an action plan to: Adopt a program and project management approach to infra development. Institutionalize and promote the profession of program and project management and build a workforce of such professionals. Enhance institutional capacity and capability of professionals.