"Rahul Gandhi offered his resignation, as the party president. The CWC unanimously rejected the same and requested Congress President for his leadership and guidance in challenging times," a resolution adopted in the meeting said.

Praising the PMO staff, Modi said, "The reason behind your success is that you have developed leadership within yourself. Now leadership has become a cumulative effect in PMO. We want multi-layered and multi-dimensional leadership qualities to increase cumulatively in our staff."

The dissolution paves the way for the constitution of a new House and swearing-in of a new government.

Several senior leaders, including UPA chairperson Sonia Gandhi, Rahul Gandhi, former PM Manmohan Singh, Motilal Vora, former union ministers RPN Singh, PL Punia and P Chidambaram, Mallikarjun Kharge, and Opposition leader in Rajya Sabha, Ghulam Nabi Azad, are present at the meeting.

The biggest setback for Congress was party president Rahul Gandhi's defeat from Amethi, a traditional family bastion. BJP's Smriti Irani won the seat with a margin of 55,120 votes. Irani polled a total of 4,67,598 votes.

The RJD, led by Lalu Prasad Yadav's son Tejashwi Yadav, fought the election in alliance with the Congress and others. The party, which contested on 20 seats, didn't manage to win even a single seat this election

"This is the triumph of the national forces. Many compliments to each and everyone who have contributed to this victory of democracy," RSS general secretary Bhaiyyaji Joshi said.

The BJP on Thursday got an overwhelming majority in the Lok Sabha, crossing on its own the 300 mark while storming back to power for the second consecutive term.

As the Lok Sabha elections results show a BJP sweep across the country, as many as nine former chief ministers belonging to Congress, face imminent electoral defeat in the elections.