In an order issued on Sunday night, it said the proposed committee will have members from the poll panel, the information and broadcasting, law and IT ministries, in addition to those from the National Broadcasters Associations (NBA) and Press Council of India (PCI).
They will "examine these provisions in the prevailing context of communication technologies and suggest required changes", it said.
The order comes in the wake of controversies over Prime Minister Narendra Modi's FICCI meeting, Rahul Gandhi's TV interviews and the release of the BJP manifesto -- all after campaigning had ended in Gujarat.
"It appears imperative to revisit the provisions relating to the last 48 hours before completion of poll to appropriately address challenges unleashed by fast changing technologies in the context of multi-phase polls," the EC said.
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