Category: Blog

During a discussion on the future of the United States Postal Service held on Capitol Hill Tuesday, Dr. Sheldon Garon, a professor of History and East Asian Studies at Princeton University, said the USPS might experience greater revenues if additional services are implemented at post offices across America.

Garon detailed the long historical trajectory of postal savings by banks worldwide in both developing and developed countries, adding that at one time, the United States had a postal saving system, but that the system was phased out by savings bonds during World War II and the FDIC by 1966.

Many other countries, including Germany, France, Switzerland, and Japan, have surviving postal savings banks as well as additional banking and monetary services.

While conceding that savings accounts at the Post Office may seem like a “pretty wacky idea,” Garon went on to explain that additional services might just be the way to save the postal service and increase revenue, especially during a time of exceeding cuts to funding and major declines in mail volume. He said such services could be “creative,” such as savings/checking accounts, debit cards, money orders, and electronic banking.

Despite a hunger strike held by the Community and Postal Workers United aimed at discouraging privatization, Garon said that partnering with the private sector, if postal banking is restored, would allow access to low income and younger customers.

Garon emphasized, however, that in order for these services to come to fruition, laws need to be changed. Some services offered by the USPS are “grandfathered [in],” but others sit in “murky” standing and probably require legislative adjustments.

“[The] law’s gotta be changed. It’s gotta be modernized,” Garon said.

Blog

The Facebook followers have given thumbs up to the credible, authentic, and reliable news by continuously following All India radio News Facebook Page and have made it one the most favoured news organizations among its peers. In a landmark achievement, All India Radio News Facebook Page has crossed Two Million Likes which is a record.

The Facebook insight data shows that AIR’s News Service Division (NSD) is reaching almost 10 million people in terms of posts on an average per day across the length and breadth of the country including the overseas diaspora. Noticeable fact is that News Service Division of All India Radio has not resorted to any additional or paid source for promoting its social media platforms. The entire growth of All India Radio News Facebook Page has been organic in nature.

AIR News Likes are not only from India but a huge chunk of followers are from countries like Nepal, Pakistan, Saudi Arabia, Bangladesh, Malaysia, USA, UK and Singapore etc. Among the Indian cities, not only the urban, metro users but people from Srinagar, Bhopal, Jaipur, Patna, Indore, Kanpur, Surat, Coimbatore, Dehradun, etc are also following AIR News.

AIR News live tweeting of events like Pradhan Mantri Jan Dhan Yojna and Mann Ki Baat have received appreciation from its Social Media followers worldwide. This has helped in creating its unique brand recognition in the global media and embraces a chance to adopt makeover from contemporary forum of medium to digitized.

AIR also recognizes itself as the pioneer in commencing the new form of Social Media trends which in a broad sense is termed as Social Media Live Reporting as well. This onset of Live Social Media Reporting has brought us closer to audiences of all age groups

Due to heterogeneous followership of 5,07,800 members on Twitter alone, AIR can stand testimony to itself as the catalyst in setting new standards in the Social Media world. Due to this reason exclusively, AIR News has been followed by high-ranking officers, Government Organizations, big Media magnets, politicians and celebrities. Prime Minister Shri Narendra Modi, Home Minister Shri Rajnath Singh, Editors of various Media Groups, and many prominent personalities from diverse area are regular followers of AIR News Twitter.

Blog