Government today unveiled a low-cost computer for students carrying a price tag of Rs 1,500 ($35) and having all elementary features including internet browsing.

The indigenously made computer is expected to be available with the students by next year.

HRD Minister Kapil Sibal, unveiling the device, said the ultimate objective would be to bring down the price to Rs 470 ($10).

Several teams comprising experts, students and professors from IITs and IIS Bangalore were working with the HRD Ministry to bring out the low-cost computing device.

"We have come out with the device at Rs 1,500 ($35) and now we invite individuals, entrepreneurs, firms and industries to produce the device as cheaper rates than this," he said.

Sibal said the manufacturer as well as the distribution pattern has not been finalised as yet but said the price tag of Rs 1,500 ($35) has been computed after taking all aspects into consideration.

The low-cost computer fulfils a key mandate of the government, to provide high quality e-content free of cost to all learners in the country under the National Mission on Education through Information and Communication Technology.

The computing device will support functionalities like video web conferencing facility, multimedia content viewing.

The ministry started its efforts, subsequent to the lukewarm response from corporates, by holding discussions on the concept with a group of professors of IIT Bangalore.

The B.Tech and M.Tech students were guided to produce the mother board for such low cost device with ample flexibility to change the components.

The minister said one mother board design was generated by a students of VIT Vellore under his B.Tech project which had worked out to Rs 2,209 ($47). The mother board was fabricated at IIT Kanpur.

Thereafter, through various processes of customisation as per the needs of the learners, it was possible to reduce the price of the computing device.