With reference to Government of India's decisions regarding Foreign Direct Investment (FDI) during the year 2001-02, consider the following statements: 1. Out of the 100% FD I allowed by India in tea sector, the foreign firm would have to disinvest 3 3 % of the equity in favor of an Indian partner within four years. 2. Regarding the FDI in print media in India, the single largest Indian shareholder should have a holding higher than 26%. Which of these statements is/are correct?
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