Heat a pan on a medium flame
Add ghee and fry peanuts,coconut bits and kishmis
Drain and set them aside
Wash the rice thoroughly
Add the rice in a vessel and bring to boil after adding 3 cups of water
Check whether the rice cooked well and water is evaporated
Transfer finely cooked rice to a a heavy bottomed pan/Uruli
Add third coconut milk to this and bring to boil
Now, add second milk to this and stir frequently till the milk is reduced to half
Bring down the flame to low and let it boil again in this milk
Meanwhile,prepare melted jaggery water
Add this to the payasam and stir well
Let it boil and add the first milk to this
Add powdered spices to this and mix well
Add fried peanuts,coconut bits,raisins to this
Stir well again,Let it simmer for two minutes
Switch off the flame now
Ari Payasam is ready,Serve it warm or chilled