OVERVIEW

PSARA is enacted by the Government of India to provide regulations to private security agencies/Companies. It also provides for the guideline to registration of Private Security Agencies.

In previous 10-15 years, due to increase in business Establishment i.e. Companies, Factory, Workshops, Shops, Warehouses etc. requirement of security has also increased and tendency of hiring security guard has increased. So, Business of operating Private Security Agency has become quite attractive.

It became necessary for the govt to regulate the working of the private Security Agencies, so the Govt. of India came up with the Private Security Agencies (Regulation) Act, 2005 to provide set of rules for the proper functioning and registration of private security agencies. The regularization of private security agency business has become beneficial for Security agencies as well as the security guards as it clarifies the rights and duties of the all the parties involved.

So, to start a business of Private Security Company in India, it is mandatory to get the License from the Ministry of Home Affairs, Govt. of State of operational area.

BENEFITS OF PSARA

• Approved route to start the Business of Private Security;
• Clear Regulation, Guidelines and other bye laws help to comply the law with full spirit;
• PSARA Licensed entity is more reliable more reliable in the eyes of their potential customer;
• Avoid denial of rights and services;
• Ensures the smooth functioning of the organization

PSARA LICENSE PROCEDURE

To start a Security Agency, applicant need to file application with State Authority for issuance of PSARA License. If Company wants to operate in more than one state then separate application needs to be filed for different state.

Basic Documents required:

• Identity proofs of the directors and employees;
• Address proof of the office of the agency;
• The affidavit obtained under Private Security Agencies Regulation Act;
• Two photographs of the promoters;
• GST Certificate;
• Certificate under the Shops and Establishment Act;
• ESI Registration;
• Provident fund {PF} registration;
• Affidavit of the security training;
• Armed license;
• Character certificate for employees;
• Copy of Income Tax Return {ITR} of each director;
• Company incorporation certificate;
• Signed Memorandum of association {MOA} with the training institute;
• Details of the security guards;
• Police Verification.

PSARA License Fees

The fees for obtaining PSARA License for private security agencies {PSA} operating at various places are provided below:

• Rs 5000 for PSAs operating in one district;
• Rs 10000 for PSAs operating in two districts;
• Rs 25000 for PSAs operating in the entire state.

Validity of PSARA License

A PSARA License is valid for five years from the date of issuance of the license. However, if State rules provide, it can be issued for less time. Furthermore, the license after its expiry needs to be renewed.

COMPLIANCES AS PER THE PSARA

Under the PSARA guidelines, the private security agencies are required to follow certain compliances as follows:

• All private security agencies should hire supervisors to supervise the working of guards appointed in the organization.
• These agencies are obliged to train the security guards appointed in their firm.
• PSAs should give priority to ex-defence candidates holding three years of experience.
• The PSAs need to follow every criteria, qualification, and disqualification specified under the PSARA.
• According to PSARA, security guards must follow the prescribed uniform policy.

Non- Compliance of Private Security Agencies (Regulation) Act, 2005 can lead to cancelation of license of the Private Security Agencies.

Source: https://psara.gov.in/