How to connect TataSky HD-STB to LCD Monitor?

I would like to connect the Component Output (YPbPr analog component video) of TataSky HD-STB to an old 19" Samsung LCD monitor (VGA/DVI-D Input) which is lying unused so that I can free up my 50" big screen TV from running all day with those "saas bahu" crap load (which unfortunately my folks watch).

I saw a few external TV tuners (with VGA outputs) which supports Composite I/P but I've found none so far which supports Component I/P.

What is the cheapest solution that you could recommend?

If there aren't any cheap solutions with Component I/P, please feel free to suggest a composite I/P solution with good quality.

PS: I've tried Intex LCD Skyview IT-191 tuner card today but I feel the quality is not very good with pictures and text showing jagged edges.
 
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