Which of the following statement (s) is/are correct?

Statement 1: The GDP growth rate has increased in the economic reform period post 1991 in India.

Statement 2: The reform-led growth has not generated sufficient employment opportunities in the country.

Both statements are correct.

In the period after implementation of economic reforms in 1991, though the GDP growth rate has increased in the reform period, scholars point out that the reform-led growth has not generated sufficient employment opportunities in the country.