EXHIBIT 23.1

CONSENT OF INDEPENDENT AUDITORS

The Board of Directors
General Electric Company:

We consent to the use of our report incorporated by reference in the
Post-Effective Amendment No. 1 on Form S-3 to the Registration Statement (No.
333-72566) on Form S-4 of General Electric Company, which report dated February
2, 2001 relates to the statement of financial position of General Electric
Company and consolidated affiliates as of December 31, 2000 and 1999 and the
related statements of earnings, changes in share owners' equity and cash flows
for each of the years in the three-year period ended December 31, 2000 and
appears in the December 31, 2000 annual report on Form 10-K of General Electric
Company.

We also consent to the reference to our firm under the heading "Experts" in the
Registration Statement.

                                        /s/ KPMG LLP


KPMG LLP

Stamford, Connecticut
December 21, 2001