Disaster management

"What is the difference between the roles of:
1. National Executive Committee (NEC) for NDMA,SDMA & DDMA, headed by Union Home Secretary
2. National Crisis Management committee (NCMC) , headed by Cabinet Secretary & Crisis Management Group (CMG), headed by Central Relief Commissioner
I found their roles rather overlapping."

Ndma, sdma and ddma have specific roles in disaster management. NEC coordinates among these.

Not sure, but PM heads this council may be ex officio.

The kind of structured response and infrastructure ndma has is not with ncmc.

Yet both have common objectives so there seems overlapping.
Ndma is more like executive.

@what I got was that NCMC & CMG were handling things on their own uptil 2005. After that Disaster Management Act,2005 came, and these new bodies were created.
I fail to understand where do they fit in with the earlier existing system.
May I put up a flowchart to explain my doubt sir?

They don't. It is a separate structure. Replaced most of the old one depicted above.

@"What is the difference between National Calamity Contingency Fund (NCCF) & National Disaster Response Fund?
National Policy on Disaster Management says:
""The proposal of merger of National Calamity Contingency Fund (NCCF) with National Disaster Response Fund shall be as recommended by the Finance Commission from time to time.""
Why is that so?"

Only thing that springs to my mind is nccf was constituted from 2001 and ndrf from 2010.. So the earlier fund naturally gets merged with the later one..
Finance commission decides the quantum and modality..

@Sir as I read, 11th FC merged it, but rest didn't. Couldn't understand the logic behind this

No need for repeated instructions from fin comm.

If European union follow the policy of quantitative easing, how it will impact indian economy

The use of quantitative easing is a last resort when interest rates are already set near zero percent. It is why quantitative easing is an unorthodox monetary policy since central banks will only perform quantitative easing when all other options are not helping the economy.
Concerns for the CIS, BRIC, and other emerging economies is related to how the globalized nature of the international economy and actions by the United States or the European Union impact the emerging economies
The effects of such QE would be :
1. In general, financial firms that are now free to lend will rush their investments into the emerging economies. This is because there is a higher rate of return on investments in emerging countries compared to highly developed countries like the United States.
2. An increase of local inflation. As more foreign currency enters into a country, like a CIS or BRIC country, the local economy reacts with inflation since more money, foreign or domestic, is available in the local market.
3. Local currencies could be devalued. With the quantitative easing cheaper, other countries react by devaluing their currencies so their exchange rates are lower. This can cause a global currency war, resulting in large scale, impaired economic growth since citizens will be unable to purchase many goods or services.
4. Moreover,the money that will come in will be “hot money” and such investments are very volatile and short term. Hence their later withdrawal from the economy will lead to spiralling down of the local currency.
5. Due to the unfavourable and fluctuating market, investors will be skeptical to invest in the stock markets
6. The EU is India’s largest trading partner and this will hit the indian exports to the EU badly
If the nations of the European Union are not careful with the amount of quantitative easing they perform, it will have dire consequences around the world. The European Union and others need to solve their economic problems, but if they are not careful, their solutions will seriously harm other nations and plunge the world deeper into economic turmoil.