AHRC
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It is a sub-scheme under PM Awas Yojana – Urban.
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Under the scheme, existing vacant government-funded housing complexes will be converted in ARHCs through Concession Agreements for 25 years.
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The concessionaire will make the complexes livable by repair/retrofit and maintenance of rooms and filling up infrastructure gaps like water, sewer/ septage, sanitation, road etc.
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States/UTs will select concessionaire through transparent bidding.
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Complexes will revert to ULB after 25 years to restart next cycle like earlier or run on their own.
Beneficiaries of the scheme
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A large part of the workforce in manufacturing industries, service providers in hospitality, health, domestic/commercial establishments, and construction or other sectors, labourers, students etc. who come from rural areas or small towns seeking better opportunities will be the target beneficiary under ARHCs.
Benefits of AHRCs
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Usually, these migrants live in slums, informal/ unauthorized colonies or peri-urban areas to save rental charges.
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They spend a lot of time on roads by walking/ cycling to workplaces, risking their lives to cut on the expenses.
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ARHCs will create a new ecosystem in urban areas making housing available at affordable rent close to the place of work.
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Investment under ARHCs is expected to create new job opportunities.
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ARHCs will cut down unnecessary travel, congestion and pollution.