PM-led crisis team chalks out two-pronged plan of cheaper credit for all.
The govt had "anticipated the global slowdown" and taken measures in the budget.
The next G20 meeting is scheduled for April 30 next year.
Signs for the U.S. economy worsened on Friday.
Manmohan Singh, left on Thursday for this weekend's summit.
Early conclusion of such an agreement would be a shining example of cooperation.
Singh congratulated Obama on his historic victory.
The PM said India needed $500 billion in infrastructure investments.
The Prime Minister has now called a meeting of a smaller group.
Microsoft founder and mentor Bill Gates today met Prime Minister Manmohan Singh