With reference to Government of India's decision regarding Foreign Direct Investment (FDI) during the year 2001-02 consider the following statements: [2003]
1. Out of the 100% FDI allowed by India in the tea sector the foreign firm would have to disinvest 33% of the equity in favour of an Indian partner within four years
2. Regarding the FDI in print media in India, the single largest Indian shareholders should have a holding higher than 26%
Which of these statements is/are correct?

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