Özet:

After the economic reforms of the early 1990s in India, the private security sector has seen remarkable growth (Mahanjan, 2009). This growth created a demond for security seruices in industry. Growth in the private security market in India contributes to overall job creation. The expansion of the private security market, especially with the unskilled and semi-skilled labor force, draws attention, in this regard, private security institutions play a role for various national and international recruitment. It can be said that with the expansion of the activities of the private security sector, it has also helped the growth and expansion of the Indian economy. According to the report published by the Federation of Indian Chamber of Commerce and Industry (FICCI) in 2018, the private security service is expected to grow at a rate of 20% every year and a faster growth rate of this sector is expected in the coming years. In this context, private security was enacted in India on 23 June 2005 with the Private Security Agency Regulation Act (PSARA) ACT NO.29. According to the law, “private security is a guarantee given by a person who is not a public officer” means that a private security officer is not a civil servant. Private security service is carried out as armed and unarmed as needed. The private security agency is a non-governmental organization and is engaged in the business of providing private security services according to the needs of its clients. The aim of this study; By examining the private security institutions regulation law, the private security sector in India has been examined and a new perspective and suggestions have been made for the improvement of the security industry.

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