Malik Ghulam Muhammad - Career in Finance and Accountancy

Career in Finance and Accountancy

After graduating from Aligarh Muslim University, he was among one of the co-founders of the automobile conglomerate, the Mahindra and Mahindra Ltd. in 1945. Subsequently, he helped establishing the accounts and financial revenue of the company and served its founding accountant of the company. However, this was short lived when Ghulam Muhammad went on to join the Indian Railway Accounts Service after being offered a prestigious opportunity there. Initially, he served in the Indian Railway Board before working as the Controller of General Supplies and Purchase.

After the World war II, Ghulam Muhammad represented the Nawab of Bhawalpur during the Round Table Conferences, and during it was this time, when he developed relations with Liaquat Ali Khan. He later served as financier and advisor to the Nizam of Hyderabad, but left in order to join the Ministry of Finance in 1946. When Liaquat Ali Khan became first Finance Minister of India in 1946, Ghulam Muhammad helped Ali Khan in advising the financial and economics affairs whilst assisted Ali Khan in drafting and preparing India's first budget which later culminated as "poor man’s budget".

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