Evaluate the following statements about marginal and small farmers in India: I. Marginal farmers are defined as those who own or cultivate land below 1 hectare, while small farmers own or cultivate land between 1 and 2 hectares. Together, small and marginal farmers constitute over 85% of all agricultural land holdings in India. II. The Per Drop More Crop (PDM

• C component of PMKSY provides a higher subsidy of 55% to small and marginal farmers for installing micro-irrigation systems such as drip and sprinkler irrigation, compared to 45% for other (larger) farmers  specifically targeting their limited financial capacity. Which of the above is/are correct?