Consider the following statements regarding the Motion of Thanks in the Indian Parliament:
1. The President addresses both Houses of Parliament assembled together at the first session after each general election and at the commencement of the first session of each fiscal year.
2. The failure of the Motion of Thanks to secure passage in the Lok Sabha does not affect the stability of the ruling government.
Which of the statements given above is/are correct?

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Statement 1 is correct: The President addresses both Houses of Parliament assembled together at the first session after each general election to the House of the People and at the commencement of the first session of each year. This address outlines the government's policy and programmes. Statement 2 is incorrect: The Motion of Thanks must be passed in each House. Failure to pass this motion in the Lok Sabha amounts to a defeat of the government, which can lead to the fall of the government.

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