Grate beetroot and keep aside.
Fry cashews in 2 tsp of ghee and keep aside.
Mix maida with coconut milk and keep aside.
Heat ghee in a pan.
Add grated beetroot and keep stirring.
Add little water if required.
Keep frying until beetroot is cooked.
Add the maida mixture to beetroot and stir well.
After it comes to a boil, add sugar.
Let it boil well until the beetroot gets a jam-like consistency.
Remove from flame.
Add fried cashes and cardamom powder.
Top with additional ghee and serve.