Upgrading PC so that I can stream games on Youtube

I want to start streaming games like CS GO and PUBG on Youtube but my current processor and RAM aren't good enough to stream. I need some help about which components should I get. I am only going to be upgrading the Motherboard, Processor, RAM and get an SSD.

Current PC specifications:

CPU : Intel Core i5 3330 @ 3.00GHz

GPU : Zotac GTX 1060 6GB Mini Edition

Motherboard : Intel DH61WW

Monitor : Samsung LS22F350

RAM : Transcend 8GB JM1333KLH-8G

PSU : Cooler Master Masterwatt Lite 600W

Storage : 1TB Seagate ST1000DM003

Optical Drive : Samsung SH-224BB

Operating System : Windows 10 Pro 64-bit

What I might upgrade to:

CPU : AMD Ryzen 5 1600X

CPU Cooler: DeepCool Gammaxx 400

Motherboard : ASUS PRIME B350-PLUS AM4

RAM : Corsair Vengeance 8GB DDR4 x 2

SSD: Crucial MX300 275GB SSD

767$ to 920$ is my budget, the above components which I might upgrade to cost around 767$(50,000₹) here in India.

Ryzen 1600x is a good choice, 16 gb is also good but make sure the mhz is around the 3000mhz mark, since Ryzen's performance is tied to ram speed.

Ryzen 7 would be better, especially because you got a bit of wiggle-room.

Any Intel processor recommendations within my budget? Preferably equivalent to the 1600X.

Problem is that you would need to go with an i7 8700 or i7 8700k or you would loose the thread count if you were to go with any of the 8th gen i5's that's in the same price realm as the 1600x.

Since your aim is to stream getting as many cores and threads you can get will be important. PUBG uses 6 threads so having a cpu with 8+ threads will help prevent stuttering and fps drops vs using a cpu where all threads are being used for the game.

Also with ryzen get the fastest ram you can grab and what the motherboard can support, 3000mhz or better is recommended.

If you not in a huge rush to upgrade, the successor to the 1600x is coming out next month (Ryzen Refresh is launching in April).

Will have around a 10% clock increase and will have better Ram compatibility. 1600x will be fine regardless but it something to note if your not in a gigantic hurry to purchase.

If the Refresh costs the same price as the 1600X then I will definitely go with that as I am not in a hurry to purchase.