@matt: anytime!
yes, the DGCA does care. this safety pilot business works in the domain of the FAA. it's a grey area. if for some reason the DGCA were to investigate your doc's a lil closer, they could haul you up.
it's the same with IR (hood) time - post PPL. in the US you can log it as PIC, but not in India. it's all dual here.