Buy Epson Inkjet printer, you can choose from various models available. TX111 is ok if you do not need ADF. cost appx. Rs. 3000. Or else you can look at TX300f ( with ADF) Price Appx. 6500.
You can get refillable cartridges or CISS for these printers and forget about high cost of cartridges.
Do not buy HP / Canon as they are not CISS friendly and you will spend a lot of money on cartridges. Sure they can be refilled, but only a limited no of times. You have to spend on new cartridges after a few refills (4-5 times). Hope this helps.