With reference to the import of firecrackers in India, consider the following statements:
- The import of firecrackers is classified as 'Prohibited' under the Foreign Trade Policy.
- A valid license from the Directorate General of Foreign Trade (DGFT) and PESO is mandatory for legal import of firecrackers.
- Firecrackers often contain banned chemicals such as red lead, copper oxide, and lithium.
Which of the above statements is/are correct?