Wash rice and mung dal and soak them together in water for 30 minutes. Drain and keep aside.
Heat oil in a pressure cooker / pan.
Add the mustard seeds and allow them to crackle.
Then add the asafoetida and turmeric powder.
Add peanuts and sauté for few minutes.
Add the drained rice & dal and sauté adding ½ tsp chilli powder and salt.
Add 3 cups water and let the mixture come to a boil.
When it starts boiling, add the balance chilli powder and goda masala. Add jaggery if using. Mix thoroughly
Close the cooker and cook for 3 whistles.
Allow to simmer for 5 more minutes and put off the flame.
Let the pressure come down and open the cooker and mix everything.
Garnish with freshly grated coconut and chopped coriander leaves.