Tharoor rationalised his statement saying that Obama has given hope to a lot of people around the the world and helped in improving the image of the US.
The minister was reflecting on host Steven Colbert's view on the Colbert Report news show who said that the award came premature as Obama's presidency had not yet yielded any solid results.
"Frankly, we come from the land of Mahatma Gandhi who never won the Nobel Prize, so we kind of feel that there is such a thing as waiting too long to give it to the right person," Tharoor said.
While most believe that Obama did change the way America and American politics were viewed as against the former president, George W Bush's reign, experts say that the people are not aware of the failures of the Obama administration.
Responding to the contention that Obama should not have been awarded for 'hope' but the prize should have rather been awarded after considering 'goals' achieved, Tharoor responded, "You can make a difference and win the Nobel but you can use the Nobel to make a difference."