Which of the following statements with regard to India's indigenous new high resolution weather model, the 'Bharat Forecast System,' is/are correct? 1. Its objective is to generate forecasts at the Panchayats cluster level. 2. It was developed by IIT Delhi. Select the answer using the code given below:

The Bharat Forecast System (BFS) is India's indigenous high-resolution weather forecasting model launched by the Ministry of Earth Sciences with the objective of providing village-level/Panchayat-cluster level forecasts at a resolution of about 6 km, making statement 1 correct. However, it was developed by the Indian Institute of Tropical Meteorology (IITM), Pune, under the Ministry of Earth Sciences — not by IIT Delhi. Hence statement 2 is incorrect.