The determination of the poverty line in India involves considering a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirements, among other necessities for subsistence. This aligns with Statement 1. Additionally, the accepted average calorie requirement in India is indeed 2400 calories per person per day in rural areas and 2100 calories per person per day in urban areas, as mentioned in Statement 2. Therefore, both statements are correct.