He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
Here are the big takeaways from the debate.
'In the past the US has been reluctant to name Pakistan directly in an US-India joint statement.'
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'Not allowing people to speak or listen is the biggest act of anti-nationalism,' says Arvind Krishna Mehrotra, one of India's finest poets.
Full transcript of President Obama's speech at the Siri Fort Auditorium in New Delhi.