Peel, chop and steam carrots in pressure cooker
Grind the steamed carrots into a fine paste
Heat 1/2 tsp of ghee in a heavy bottomed vessel
Add the ground carrot and fry for 3-4 minutes on medium heat
Add the milk and allow it to boil
Then keep stirring till it gets reduced to half the quantity
Add sugar and cook further till sugar is completely dissolved
Switch off the stove
In another pan, heat the remaining ghee and fry the raisins and cashew nuts
Garnish the payasam with the fried dry fruits
Serve hot