Soak the rice for at least 30 minutes, then pressure cook on medium flame for 3~4 whistles. You can cook in the Instant pot for about 8 minutes.
Heat ghee or oil in a saucepan on medium heat. Add the cashews and raisins. Fry until cashews are golden and raisins are plump. Remove into a small bowl and set aside.
In the same pan, add jaggery and a couple tablespoons of water. Cook, stirring occasionally until the jaggery dissolves and smooth, slightly thick syrup forms.
Stir in the cooked rice and mix well. Cook for 4~5 minutes. Add some water if the mixture looks too dry. Finally add the ground cardamom and the fried dry fruit. Mix well and turn off the heat. Serve warm or at room temperature.