Point and shoot camera
Smartphones have threatened point and shoot cameras more than anything else, but they are still far far away from challenging DSLRs or high end cameras. These days phones with 8 to 12 megapixel cameras with fairly high end optics and features like image stabilization, auto focus and face detection are very easy to find even in mid range devices.
And phones like Nokia Lumia 920, Nokia Pureview 808, HTC One series, iPhone 5 and Sony Xperia series will offer you image quality matching that of some of the best entry level point and shoot digital cameras. The only thing that most of these smartphone cameras still do not offer is optical zoom. However, on the other hand, the ease of uploading and geo tagging pictures that mobile phones offer is unparalleled, and is in fact more important for the social network generation of today. Camera prices have come down several notches and you can find a decent camera at prices starting at Rs 4,000.
Smartphones with HDMI and MHL ports offering easy connectivity with monitors and TVs can be used as basic computers since in any case their processing capabilities are already rivaling that of PCs, and even a mid range smartphone today offers capabilities that a high end PC used to offer just a couple of years ago. Until about last year, mobile phones didn't offer editing capabilities for office documents, but even that has changed with many new applications now being available.
Even the basic PC or netbook will cost you Rs 12,000 onwards, while if you have an LCD TV already you don't need to invest a penny, but you can even opt for an LCD monitor with HDMI for prices starting at Rs 5,000.
