In a heavy bottom pan add milk and bring to a boil.
Stir occasionally until it reduces a little and becomes slightly thick
Now add condensed milk and mix well, boil for another 2 mins.
Also add chopped cashews, mix well
Add grated paneer so that the paneer blend with milk properly. cook for 2 to 3 mins.
Now add cardamom powder and mix well. turn off the flame
Transfer the delicious paneer kheer to a bowl and garnish with pistachios
serve the kheer hot, warm or to be chilled.