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The correct answer is option 3, which states that statements 1, 2, and 4 are correct.
Statement 1: The Public Distribution System (PDS) in India is indeed operated under the joint responsibility of both the Central and State Governments. This means that both levels of government work together to ensure the smooth functioning of the PDS.
Statement 2: The responsibility of procurement, which involves purchasing foodgrains, is indeed with the Central Government. On the other hand, the storage and distribution of foodgrains are the responsibilities of the State Governments. This division of responsibilities allows for efficient functioning of the PDS.
Statement 3: This statement is incorrect. The issue price of foodgrains for Below Poverty Line (BPL) families is not fixed at 60% of the economic cost. The issue price is usually significantly lower than the economic cost, and the exact percentage may vary.
Statement 4: The Antyodaya Anna Yojana (AAY) has indeed been launched to make the Targeted Public Distribution System (TPDS) more focused towards the poor. The AAY aims to provide highly subsidized foodgrains to the poorest of the poor, adding another layer of targeting within the existing PDS.