From CNET's Michael Kanellos, we learn that Novatium of India hopes to sell a stripped-down home computer sans-monitor for about $70 or $75 -- that's US dollars, I presume. A monitor doubles the price, but Rajesh Jain figures used monitors could keep the total price to $100.
As Michael Kanellos writes, "It may be the first country to reach a goal once unthinkable in the technology world: a $100 computer."
I beg to differ. The Palm Zire was the world's first computer to sell for under $100 -- complete with screen. You might not consider a Palm-szie computer legitimate, but add an external keyboard, and the Zire can do most home-computing tasks -- word processing, spreadsheets, scheduling, etc.