Addressing a press conference, he said, "We are almost at the end of concluding that exercise. If all goes well, we should have a committee by the end of this week."
Chidambaram said the government would have more or less finalised the names and will do by the the end of this week.
"Perhaps by the next week, the committee will be announced," he said.
Speaking on the law and order situation in Andhra Pradesh, the Home Minister said much of the agitation has cooled down while there are some protests here and there.
"My greatest regret is that a couple of students reportedly committed suicide. That, I think, should have been completely avoided," he said.