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Since independence, Kerala was managed as a democratic socialist welfare economy. Since the 1990s, liberalisation of the mixed economy allowed onerous Licence Raj restrictions against capitalism and foreign direct investment to be lightened, leading to economic expansion and job creation.The work participation rate in India and Kerala during the last three census shows that though overall work participation rate has increased marginally, the work participation rate of women has declined, particularly in rural areas Economic Parameters.As milk production enterprises require relatively less land and more labour to generate a given level of income compared to crop production, mixed farming system suits the small and marginal farmers with less land. The agricultural strategies also need to focus on livestock.
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