Clean and wash rice and gram together and keep aside.
Roast cashewnuts and raisins in tablespoon of ghee till they become golden brown and keep it reserved.
Pour milk in a thick bottomed vessel and keep it on fire. When milk starts to boil, add washed rice and gram.
When rice becomes very soft, add grated jaggery. When the jaggery dissolved completely, add half the quantity of ghee.
Cook on low fire stirring in between for about 5-10 minutes. Add remaining ghee, fried cashew nuts & raisins, saffron, cardamom powder and nutmeg powder. Remove from fire and serve hot.