The Education Ministry of India aims to out do the OLPC project by producing a laptop for under $10. 

Although India rejected an offer from the OLPC project last year citing concerns about children's health and computers, the government announced recently that it will undertake a new project with the goal of building a $10 laptop.

Like most things that sound too good to be true, the $10 laptop ma be a figment of the government's imagination.

So far, the Indian ministry of education is two design submissions, but neither has hit the $10 mark. After factoring in labor charges the cheaper of the two reportedly costs about $47.

But even the OPLC's goal of the $100 laptop proved impossible, the final bill for the OPLC machines is about $176. However it's possible that the Indian plan will use recycled components, which could lower the costs somewhat.

Still, while the techno-optimists in us want to believe, $10 just may not be realistic.

[1]: http://timesofindia.indiatimes.com/Business/HRD_hopes_to_make_10_laptops_a_reality/articleshow/1999828.cms "HRD hopes to make $10 laptops a reality"