Wash rice thoroughly. Soak it for 30 minutes. Drain and keep aside.
In a pan, melt ghee on a low flame. Add cinnamons and cloves. As they crackle, add rice. Gently stir for 5 minutes. Add water. Cook.
To par boiled rice, add sugar, saffron paste, cardamom and nutmeg powders. Simmer and stir till the sugar dissolves. Cover. Cook for 13-15 minutes till the rice is tender.