Components for a Video editing machine

12000 eh? what, apples? oranges? this is an english forum so please so a form of currency we understand.
if you can't even afford i3, then you should look into AMD Athlon II x2 250 for $62

http://www.newegg.com/Product/Product.aspx?Item=N82E168...

btw... just curious... how do you edit video with 1gb ram? I also edit video and I have 8gb myself and I often run out of memory during certain scenes, hard to imagine.

I guess you are talking on indian currency terms.. In that case, visit www.techshop.in and build your config.. A good build would be an athlon II X4 630, 4 gigs of RAM.. The rest amount can be distributed on getting a motherboard and hard disk (if amount is left)..

P.S. - 12000 INR ~ 240 USD

1055t would be for you seriously maybe 6-8 gigs of ram 2 hard drives
1 read from and write to 1 TB each 2TB if you need it......you shouldn't
that should come fairly cheap 900-1000 tops

Im sorry I misread you dont have much options