Parliament Winter Session 2025 Concludes

1 December 2025National

The Winter Session ran 1-19 December 2025 (15 sittings) and was adjourned sine die on 19 December, with 8 Bills passed by both Houses; Lok Sabha productivity was ~110% and Rajya Sabha ~121%.

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Ministry of Cooperation Notifies MSCARO 2026, a Risk-Based Audit Reporting Order for Multi-State Cooperatives

The Ministry of Cooperation has issued the Multi-State Co-operative Societies (Auditor's Report) Order, 2026 (MSCARO 2026), a standardised, risk-based audit-reporting framework for multi-state cooperative societies, under Section 73(6) of the Multi-State Co-operative Societies (Amendment) Act, 2023. It extends to cooperatives the company-audit discipline of CARO, requiring auditors to report in a uniform format on fixed assets, loans, statutory dues and internal controls. Phase 1 applies to societies with over Rs 1,000 crore in relevant financial parameters, with later phases covering those above Rs 50 crore. The Ministry of Cooperation was carved out in July 2021 under Amit Shah.

GK ByteThe Ministry of Cooperation was carved out of the Ministry of Agriculture in July 2021 with the motto 'Sahkar se Samriddhi' | Cooperative societies are a State subject under Entry 32 of the State List, while multi-state cooperative societies fall under Entry 44 of the Union List | The 97th Constitutional Amendment Act, 2011 inserted Article 43B and Part IXB dealing with cooperative societies

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Sankoo Notified as the Eighth District of Union Territory Ladakh

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GK ByteLadakh became a Union Territory without a legislature on 31 October 2019 under the Jammu and Kashmir Reorganisation Act, 2019, with only Leh and Kargil as districts | Five new districts - Changthang, Drass, Nubra, Sham and Zanskar - were created in April 2026, before Sankoo became the eighth | Ladakh is administered by a Lieutenant Governor appointed by the President under Article 239 of the Constitution

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GK ByteThe Productivity Linked Bonus was introduced in the Indian Railways in 1979-80 and is paid in lieu of the statutory bonus under the Payment of Bonus Act, 1965, which does not cover railway employees | The newest Indian Railways zone is the South Coast Railway, with headquarters at Visakhapatnam | The separate Railway Budget, presented annually since 1924, was merged with the Union Budget from 2017-18

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GK ByteGovernors are appointed by the President under Article 155 and hold office during the President's pleasure under Article 156, normally for a five-year term | Article 157 requires a Governor to be a citizen of India who has completed 35 years of age | The Governor is the constitutional head of the state executive and forms part of the state legislature under Article 168

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