Here are the prices (approximate) from some googling:
Core 2 Duo E 6300 Processor: Rs 9000
1 GB DDR2 RAM: Rs 4000
160 GB HDD: Rs 2800
16X DVD+/-RW with Dual Layer write : Rs 2100
17'' Flat panel LCD: Rs 10000
G965 chipset Mobo: Rs 5000
Speakers+KB+Mouse: Rs 1500
Total Hardware cost: Rs 34,000
IMO, for Rs 50,000, you can get a decent gfx and sound
cards plus some good 5.1 speakers.
[ February 11, 2007: Message edited by: Satish Chilukuri ]