The meet has been called at a time when Congress is facing an uphill task with the emergence of Modi as a force to reckon with and some allies of UPA sending warning signals, the latest being DMK which made it clear that it will not have any alliance with Congress in the Lok Sabha polls.
NCP chief Sharad Pawar had also targeted the Congress leadership, saying people do not like "weak leaders".
Party chief Sonia Gandhi and Rahul Gandhi have already said there would be deep introspection on the reverses.
The Congress Vice President had suggested that the party would effect changes beyond imagination.
Meanwhile, BJP hit out at Congress over the speculation of Rahul being anointed as PM candidate, saying that the ruling party has a very limited choice between "deputation" and "dynasty" in this matter.
"Congress has to choose between dynasty and deputation. Right now there is a Prime Minister, who is on deputation. Now they are looking for somebody from the dynasty. They have very limited options," party Vice President Mukhtar Abbas Naqvi said.
Ridiculing the Congress, another BJP leader M Venkaiah Naidu said, "It is their right to select, people have right to reject."