SELECT 
  cscart_statuses.status 
FROM 
  cscart_statuses 
  INNER JOIN cscart_status_data ON cscart_status_data.status_id = cscart_statuses.status_id 
WHERE 
  type = 'O' 
  AND (param, value) IN (
    ('payment_received', 'Y')
  )

Query time 0.00049

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "16.58"
    },
    "nested_loop": [
      {
        "table": {
          "table_name": "cscart_status_data",
          "access_type": "ALL",
          "rows_examined_per_scan": 70,
          "rows_produced_per_join": 1,
          "filtered": "1.43",
          "cost_info": {
            "read_cost": "13.95",
            "eval_cost": "0.10",
            "prefix_cost": "14.05",
            "data_read_per_join": "1K"
          },
          "used_columns": [
            "status_id",
            "param",
            "value"
          ],
          "attached_condition": "((`mobikul_delivery_boy_livedemo`.`cscart_status_data`.`param` = 'payment_received') and (`mobikul_delivery_boy_livedemo`.`cscart_status_data`.`value` = 'Y'))"
        }
      },
      {
        "table": {
          "table_name": "cscart_statuses",
          "access_type": "ALL",
          "rows_examined_per_scan": 20,
          "rows_produced_per_join": 1,
          "filtered": "5.00",
          "using_join_buffer": "hash join",
          "cost_info": {
            "read_cost": "2.33",
            "eval_cost": "0.10",
            "prefix_cost": "16.59",
            "data_read_per_join": "16"
          },
          "used_columns": [
            "status_id",
            "status",
            "type"
          ],
          "attached_condition": "((`mobikul_delivery_boy_livedemo`.`cscart_statuses`.`status_id` = `mobikul_delivery_boy_livedemo`.`cscart_status_data`.`status_id`) and (`mobikul_delivery_boy_livedemo`.`cscart_statuses`.`type` = 'O'))"
        }
      }
    ]
  }
}