Consider the following statements with reference to the National Apprenticeship Promotion Scheme (NAPS):
1. It was launched in 2016 to promote apprenticeships in the country by providing financial incentives and technology support.
2. It is administered by the Ministry of Micro, Small & Medium Enterprises (MSME).
3. The Union Government will share 50% of total stipend payable to apprentices with employers.
4. Monitoring of apprenticeship training in State PSUs and Private sector establishments is done by the respective state governments.
Which of the statements given above are correct?