Read the following statements carefully:
1.Cabinet approved implementation of an umbrella scheme-Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART).
2.The scheme covers a total of 10 sub-projects, which address ocean development activities such as services, technology, resources, and science.
3.The Cabinet Committee on Economic Affairs approved the scheme implementation at an overall cost of Rs 1623 Cr.
Which of the above statements is/are correct?