An Overview of PSARA License in Jharkhand
Over the last 2 decades, we have seen tremendous growth in infrastructure, business, educational, health, industrial, residential and other private establishments. This growth has generated a demand for security arrangements as well. For the same, the authorized private security companies provide services to operate and ensure the safety and security of these establishments as per the site-specific requirements. So it is evident that these private security companies have immense business potential in the Indian market. The Private security agency business has grown more than 500 % over the last 2 decades and is expected to grow at the same pace for the next decades also. So to regulate private security agencies, the PSARA Act has been enabled.
Advantages of PSARA license in Jharkhand
Eligibility Criteria under PSARA in Jharkhand
Eligibility criteria for companies / Directors or Principal Officers / Security guards
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Documents that are necessary to obtain a PSARA license in Jharkhand
Although the documents may vary from state to state, below are some standard documents you would require to attach along with the application.
The process involved in obtaining a PSARA license in Jharkhand
Qualifying Documents
The foremost step in PSARA License is collecting and verifying every document before filing the application.
MOU with a training institute
The applicants should mandatorily sign an MOU with a training institute or organization that works as per the guidelines of the respective state controlling authority with the motive to impart training to private security agencies.
Police verification
Form – I is provided for an applicant to apply for police verification. The checking criteria may differ depending on the applications.
Application Submission
After getting the NOC from the concerned Police authority, the PSA controlling authority may either provides the license or denies with an explanation.
Validity of PSARA license in Jharkhand
The PSARA License is valid for 5 years. It is not permanent. The license can be subject to renewal based on the requirement of the security agency.
Suspension and cancellation of PSARA license in Jharkhand
As per the PSARA Act, 2005, the verifying authority of PSA can suspend and cancel the PSARA licenses if the following conditions are satisfied.
Conditions on which your application may be disqualified
Your application may get disqualified if the government sees it is unfit for the betterment of the general public order
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