Gaming PC configuration.

Under 40k Rupees is extremely tight. Do you need the PC? Or peripherals, as peripherals, to my knowledge, means Keyboards and mouse.

This is the best I could do:
PCPartPicker part list: https://in.pcpartpicker.com/list/cYfkkT
Price breakdown by merchant: https://in.pcpartpicker.com/list/cYfkkT/by_merchant/

CPU: AMD - Ryzen 3 1200 3.1GHz Quad-Core Processor (₹7754.00 @ Amazon India)
Motherboard: MSI - A320M PRO-VD PLUS Micro ATX AM4 Motherboard (₹5590.00 @ Amazon India)
Memory: Crucial - 8GB (1 x 8GB) DDR4-2400 Memory (₹6499.00 @ Amazon India)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive (₹3396.00 @ Amazon India)
Video Card: Asus - GeForce GTX 1050 Ti 4GB Phoenix Video Card (₹11600.00 @ Amazon India)
Case: Thermaltake - Versa H21 Window ATX Mid Tower Case (₹2826.25 @ Amazon India)
Power Supply: Corsair - CXM 550W 80+ Bronze Certified Semi-Modular ATX Power Supply (₹3364.71 @ Amazon India)
Total: ₹41029.96
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2017-12-31 12:34 IST+0530

It is a decent entry level PC, that will allow for a bit of future upgradability. There is no OS and SSD.
 
PCPartPicker part list / Price breakdown by merchant

CPU: AMD - Ryzen 3 1200 3.1GHz Quad-Core Processor (₹7754.00 @ Amazon India)
Motherboard: MSI - B350 TOMAHAWK ARCTIC ATX AM4 Motherboard (₹7403.17 @ Amazon India)
Memory: Corsair - Vengeance LPX 8GB (2 x 4GB) DDR4-3000 Memory (₹7672.40 @ Amazon India)
Storage: ADATA - Premier Pro SP600 128GB 2.5" Solid State Drive (₹3230.10 @ Amazon India)
Storage: Seagate - Barracuda 1TB 3.5" 7200RPM Internal Hard Drive (₹2725.27 @ Amazon India)
Video Card: Zotac - GeForce GT 1030 2GB Video Card (₹5979.00 @ Amazon India)
Case: Thermaltake - Versa H22 ATX Mid Tower Case (₹2218.46 @ Amazon India)
Power Supply: Silverstone - 400W 80+ Bronze Certified ATX Power Supply (₹2911.73 @ Amazon India)
Total: ₹39894.13
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2017-12-31 13:31 IST+0530
 
Solution

delaro

Judicious
Ambassador
PCPartPicker part list / Price breakdown by merchant

CPU: AMD - Ryzen 3 1200 3.1GHz Quad-Core Processor (₹7754.00 @ Amazon India)
Motherboard: MSI - B350 TOMAHAWK ARCTIC ATX AM4 Motherboard (₹7403.17 @ Amazon India)
Memory: Corsair - Vengeance LPX 8GB (2 x 4GB) DDR4-3000 Memory (₹7672.40 @ Amazon India)
Storage: Seagate - Barracuda 1TB 3.5" 7200RPM Internal Hard Drive (₹2725.27 @ Amazon India)
Video Card: MSI - GeForce GTX 1050 2GB Video Card (₹9410.00 @ Amazon India)
Case: Thermaltake - Versa H22 ATX Mid Tower Case (₹2218.46 @ Amazon India)
Power Supply: Silverstone - 400W 80+ Bronze Certified ATX Power Supply (₹2911.73 @ Amazon India)
Total: ₹40095.03

Vs Screwy's build
Lose the SSD in favor of a much faster GPU.. 20+ FPS difference is very noticeable

Vs ArchitSahu's Build
1050TI is about 20% faster than a 1050 and the extra 2GB of VRAM come in handy for Harder to run games.
2400mhz Single Channel RAM is 15% slower than Dual Channel 3000mhz so you will lose around 5fps... not a big loss considering the better GPU.
 

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