The CWC meeting, chaired by Congress president Rahul Gandhi, is being attended by UPA chairperson Sonia Gandhi, former prime minister Manmohan Singh, Uttar Pradesh (East) in-charge Priyanka Gandhi Vadra and chief ministers of four party-ruled states -- Punjab, Rajasthan, Madhya Pradesh, Chhattisgarh -- and of the Union Territory Puducherry.
The meeting of the party's highest decision-making body will go into the reasons behind the party's debacle and discus as to why its poll narrative failed to convince the people.
There were speculations that Congress president might offer his resignation taking moral responsibility for the party's poor performance in the polls. However, a Cong source said that reports about Gandhi offering to resign "is wrong".
Senior leader and former Union minister P Chidambaram was also present in the meeting alongside other party colleagues including AK Antony, Ahmed Patel, Ghulam Nabi Azad, Sheila Dikshit, Mallikarjun kharge, Ambika Soni, Anand Sharma and Jyotiraditya Scindia.
Though the Congress improved on its 2014 tally of 44, it could win just 52 Lok Sabha seats this year. In 18 states and Union Territories, the party could not open its account.
Murmurs are already appearing within the party over taking responsibility for its poor performance, with some of its leaders already sending in their resignations.