Mix condensed milk in hot water. Beat the eggs well with an egg beater and mix it with the condensed milk. Add vanilla essence to it. Apply ghee evenly on a dish and pour the mixture into it. Close with a tight lid.
Take some water in a pressure cooker and place the dish inside and cook it in steam. Do not put the weight of the cooker. Cook for about 20 minutes. Allow to cool.
Cut each of the cashew nuts into 4 pieces. Fry cashew nuts and raisins in ghee. Spread this over the pudding and keep in the refrigerator to cool.