You can get an Acer 19" under 7K, not at all bad for home use. If you can extend go for BenQ E2200HD, heard it's good as some user's in this forum are using it.
I do not read Digit, so cannot say which LCD do they recommend.
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A really low end one...I just don't remember the exact model right now..
maybe this will give you an idea though..I bought it in jan 08 for Rs1500..and it wasn't second hand !!