In another pan heat the clarified butter, add rice, and stir-cook for 4-5 minutes till it begins to brown lightly.
Add the milk and bring to boil, stirring constantly to prevent the rice from sticking.
Reduce heat and simmer till rice is cooked.
Stir in the sugar. Simmer till the milk thickens.
Stir in cardamom powder, raisins, and almonds.