Page 209 - ES 2020-21_Volume-1-2 [28-01-21]

192 Economic Survey 2020-21 Volume 1

6.30 A comparison of prices of various commodities on GeM portal with those of company
websites and online platforms such as Amazon, Flipkart, etc is given in the table below (Table
6). For the study (done on January 4, 2021), a set of common items were identified. Effort was
made to ensure that the products matched as closely as possible. The study found the prices to be
in the same ballpark. On on average, the variation between the prices on GeM and other online
market places is only around 3 per cent. Being an open platform alert citizens can continue to
monitor it real time.

Table 6: GEM Portal Prices Comparison (as on 04-01-2021)

Name and Description Price on GEM Price at Amazon, Official Variation in
(specs, model, features) (in Rupees) Website etc. (in Rupees) Offer Price

Parker Jotter Standard Ball Pen MRP: 250; Offer Amazon.in- MRP: 250; + 10.5%
Price (OP): 210 OP: 188
Rorito Greetz Gel Pen Maxtron MRP: 99; Amazon- MRP: 99; OP: 64 + 27.2%
Gold Robotic Fluid Ink System Pen OP:87.95
-Blue
Haier 1.5 Ton / 4500 kcal/hr High MRP: 65,000; Amazon.in-MRP: 55,000; + 36.8%
wall Split AC 5 Star OP: 58,500 OP: 36,990
Model:HSU19C-TFW5B(INV) Warranty: 2 year Warranty- 1 year (product);
(Product), 10 year 12 years (compressor)
(compressor) Haier Website-Price: 42,990
Samsung 108 cm (43 inches) 4K MRP: 78,900, Amazon.in- MRP: 78,900, + 11.3%
Ultra HD Smart LED TV, Model: OP: 70,998 OP: 62,990
QA43Q60TAKXXL Warranty- 1 Year Warranty: 1 year
Resolution: 3840x2160 comprehensive and 1-year
additional warranty on Panel
by Samsung
Omron White HEM 7156 Blood MRP: 3,860, 1mg.com- MRP: 3,860, OP: + 7.7%
Pressure Monitor OP: 3,100 2,860, Warranty – 3 years
Warranty – 2 years
HP LaserJet ENTERPRISE M607N MRP: 1,22,921 HP Website- MRP: 1,03,661 + 11.01%
Black and White OP: 1,10,625 OP: 98,440
Print Speed: >= 51 ppm Warranty – 3 Years Warranty- 1 Year
Kores Easy Cut 871 Paper Shredder MRP: 25,490, OP: Amazon.in- MRP: 23,990 + 14.5%
22,900 OP: 19,589

Hero Stainless Steel Bicycle for MRP: 47,999 Hero Lectro (Choosemy (Gem vs
Men OP: 42,997 bicyle.com) OP: 32,499 Croma)
Model Name: Hero Lectro C3i 26 Croma: MRP: 32,999, + 23.3%
SS OP:32,990