Psara license refers to the Private Security Agencies Regulation Act, which was enacted in 2005 to regulate and govern the functioning of private security agencies in India. The Psara license is mandatory for all security agencies and guards operating in the country.
The Psara license is issued by the respective state governments in India, and the process for obtaining it can vary slightly from state to state. However, there are certain common requirements that every security agency and guard must fulfill to obtain this license.
The first requirement is that the security agency must be registered as a company under the Companies Act, 2013. The agency must have a registered office and a board of directors who are responsible for the operations and management of the agency.
The second requirement is that the security agency must have a minimum of five years of experience in providing security services. This is to ensure that only experienced and qualified agencies are granted the license.
The third requirement is that the security agency must have a minimum turnover of Rs. 50 lakhs per annum for the preceding three years. This is to ensure that the agency has the financial capability to provide quality security services.
The fourth requirement is that the security agency must have a minimum of 100 security guards on its payroll. This is to ensure that the agency has the manpower to provide security services to its clients.
The fifth requirement is that the security agency must have a clean track record and should not have been involved in any criminal or illegal activities in the past.
Once the security agency fulfills these requirements, it can apply for the Psara license with the concerned state government. The application should be accompanied by all the necessary documents, such as the company registration certificate, proof of experience, financial statements, and details of the security guards employed by the agency.
The state government will then conduct a thorough verification of the agency’s credentials and background before granting the Psara license. The license is typically valid for a period of five years and can be renewed thereafter.
It is important to note that only security guards who have undergone training from a recognized training institute are eligible to work for a security agency that has a Psara license. The guards must also undergo periodic refresher training to ensure that they are up-to-date with the latest security techniques and technologies.
In conclusion, the Psara license is a mandatory requirement for all private security agencies and guards operating in India. It ensures that only qualified and experienced agencies are allowed to provide security services and that the guards employed by these agencies are trained and skilled in their work. Any security agency or guard operating without a valid Psara license can face severe penalties and legal action, which can damage their reputation and credibility in the market. Therefore, it is essential for all security agencies and guards to obtain this license and comply with all the regulations and guidelines issued by the concerned state government.