The meeting with the political parties represented in Legislature-Parliament will take place later today.
"President Bhandari has been concerned with the latest political development," a source was quoted as saying by the Republica Online.
"She has called an all party meeting in a bid to seek a political solution to the current imbroglio," it said.
Rastriya Janamorcha Nepal Chairman Chitra Bahadur KC said the President called him to be present for the discussion.
The meeting has been called at a time when the political parties are sharply divided over the constitution amendment bill registered in Parliament.
More From This Section
The Madhesi Front last week refused to back the Constitution amendment bill, saying it was not acceptable in its current discriminatory form.
The Constitution promulgated last year could not be implemented due to the agitation by the Madhesis.
The Madhesi parties and ethnic groups have been demanding more rights and representation for the marginalised people.
Re-demarcation of the provincial boundaries and citizenship issue are the two major demands put forth by the Madhesis.
The Madhesis, mostly of Indian-origin, launched a six-month agitation from September last year to February this year in which more than 50 people were killed. The agitation had also crippled the landlocked country's economy as supplies from India were blocked.