Evaluate these statements on India’s water-sharing agreements with neighbors:
1. The 1996 Mahakali Treaty with Nepal covers joint Mahakali River development and the Pancheshwar Project.
2. The 1996 Ganga Water Treaty with Bangladesh enables year-round Ganga water allocation at Farakka.
Which is/are correct?

The correct answer is Both 1 and 2.

Statement 1 Analysis:
The Mahakali Treaty was signed in February 1996 between India and Nepal. It is an agreement regarding the integrated development of the Mahakali River (known as Sharda in India), including the Sarada Barrage, Tanakpur Barrage, and the proposed multi-purpose Pancheshwar Project. Hence, Statement 1 is correct.

Statement 2 Analysis:
The Ganges Water Sharing Treaty was signed in December 1996 between India and Bangladesh. It established a 30-year treaty for sharing the Ganga waters at Farakka Barrage during the lean season (January 1 to May 31), thereby providing a framework for year-round allocation and management of the Ganga river waters between the two nations. Hence, Statement 2 is correct.

Therefore, both statements 1 and 2 are correct.