When it is the price or the size of the TV, you can stay assured that picture quality will not be affected by these factors, but when it is about the contrast ratio, it certainly makes a tremendous difference in the picture quality. Since the contrast ratio is the difference between the darkest and brightest part of the image, without a good contrast ratio, the total experience can be hampered.
Note: The comparison shown above is based on a specific brand, and therefore, information might differ from other brands. This is to provide you with a rough knowledge of the features available below INR 10000
Always remember the features vary from one brand to another. This is just about providing a rough idea on what you will be getting at such a low price. The results are almost the same with a difference in the price and brand name. So choose wisely after checking all the features.