Ingredients:
Rice - 200 gms
Coconut - 1/2, chopped into small pieces
Jaggery - 1 cup, powdered
Cardamom Powder - a pinch
Milk - 200 ml
Fried Cashewnuts - 10, broken

Method:
1. Combine rice and coconut together.
2. Grind to a coarse powder.
3. Add a little water and mix well.
4. Transfer to a pan and place over moderate flame.
5. Keep stirring all the time and when it is almost cooked, add the jaggery.
6. Add cardamom powder and pour the milk.
7. Mix well and when it starts to boil, remove and keep aside.
8. Garnish with the cashewnuts and serve.

Tip: Ensure the payasam does not get burnt.