New Delhi : Minister of State for Home Affairs Kiren Rijiju Saturday said the private security sector should be regulated while the Private Security Agencies Regulation (PSAR) Act, 2005 needs stringent enforcement.
Speaking at FICCI’s Private Security Industry Conclave 2014, he said: “There is a need to regulate the sector more effectively and provide a professional touch to it. Security of a country and its people cannot be left unorganised and it must be carried out in a disciplined manner.”
Inviting precise recommendations from the industry, Rijiju said the PSAR Act, passed in 2005 needed to be implemented stringently as the industry has grown at a fast pace and as a result, the act has been unable to provide the requisite support.
The minister said: “I would take up the issues on priority as private security not only helps in securing people but also provides employment and is a great revenue generator.”
He added that he was aware about the issues related to wages of security personnel and the plea of certifying them as skilled labour and was working on resolving these issues.
He said: “The private sector has so far played a vital role in the private security sector and the government will make all efforts to complement their efforts.”
According to FICCI, the private security sector in India is currently estimated at Rs.30,000 crore, with a presence across 550 districts of the country.
India is projected to be amongst the top 10 security markets in the world by 2020.