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	Private Security Industry The private security industry comprises those actors who provide security for people and property under contract and for profit. Worldwide, the industry is experiencing a period of rapid growth, and, when effectively regulated and fully accountable, can make a valuable contribution to the provision of security. However, the activities of an uncontrolled or poorly regulated private security industry can present unique governance problems, and in transitional or post-conflict states, can act as an obstacle to peacebuilding, good governance and sustainable development. This is of particular importance given that, over the last decade, private actors have increasingly assumed roles that have traditionally been the responsibility of the state. This guidance note aims to equip practitioners with the information and basic research questions necessary to assess whether the private provision of security in a country is problematic and consider how best to incorporate it into existing or planned security sector reform (SSR) or good governance programmes. The note draws heavily on experience derived from Saferworld's work and therefore has a strong focus on private security companies (PSCs), and the way in which they, as a critical component of the wider security sector, must be integrated into SSR programmes and policies.

	However, many of the issues it raises apply equally to other elements of the private security sector including private military companies (PMCs) and more informal non-state security providers. SSR is fundamentally concerned with two things: the development of institutions capable of providing security to a state's citizens in a manner consistent with human rights and the rule of law, and an effective system of democratic regulation and oversight of security actors. Security industry took the steep rise in early 90’s when globalization took place in India. The MNCs which entered India created a big demand of security services. From early 90’s till 2005, this industry continued without any regulation of the Government. From zero to five million people working in this industry without any control or regulation or formal training / management set-up in a span of 15 years gave a big boost to this sector.