Sources said while the government's meeting has been convened in the morning, the Speaker's dinner meet is in the evening.
Prime Minister Narendra Modi is likely to raise the issue of transparency in poll fundings during the meeting convened by the government with leaders of various political parties.
The meetings come a day before President Pranab Mukherjee addresses a joint sitting of the two Houses in the Central Hall of Parliament.
The first half of the session will be a short affair and will end on February 9 as it is being held in the middle of assembly polls in Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa.
A shorter first part will help parties focus on electioneering. The second half of the session will begin on March 9 and will conclude on April 12.
Sixteen Opposition parties had this month moved the Election Commission urging it to ask the government to present the Union Budget after the elections are over on March 8 so that it is not used as a tool by the NDA to influence voters in the five states.
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