Soak saffron strands in 2 tablespoon of warm milk, keep it aside.
Turn on Instant Pot to saute mode (high).
When it displays "HOT", add 1 tablespoon of ghee, shredded carrots, 2 tablespoon of sugar. Mix well.
Saute for 2-3 minutes. Add cup of milk. Mix well. Turn off Instant Pot.
Turn on Manual/Pressure cook mode (high), 3 minutes, vent sealed. When Instant Pot beeps, quickly release pressure. Open the IP lid.
Turn on saute mode (high), add remaining sugar, saffron soaked in milk, cardamom powder, almond flour. Mix well.
Saute on high until all the moisture is evaporated, around 2-3 minutes. Add 1 tablespoon of ghee, mix well for 1-2 minute.
Switch off Instant Pot.
Carrot halwa is ready to be served. Garnish with some almonds, pistachios. Enjoy!!