Sources said the government is drafting a resolution to be brought in Parliament.
The decision was taken after the Congress Core Group meeting, hours after DMK chief M Karunanidhi announced that his party would withdraw support to the UPA.
However, the DMK has made it clear that it would reconsider its decision if India supports a strong resolution at the UN Human Rights Council and brings a resolution in Parliament on the issue.
Chidambaram said the Congress Core Group, headed by party chief Sonia Gandhi, had considered the two suggestions made by DMK at length.
He sought to mollify Karunanidhi, saying his "statement deserves all respect".
Asked whether he was hopeful that DMK will reconsider its decision, Chidambaram said, "According to the media, the DMK president has said that he will review its decision if a resolution is brought before Parliament. We take note of that statement also."
"Let me assure everyone that the stability of the government and the continuation of the government are not an issue. The government is absolutely stable and enjoys majority in the Lok Sabha," he said.
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