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Step 1
Rinse the starch off of the outside of the white rice. My preferred way to do this (see the photos above) is to put the rice in a bowl, submerge it in water, mix it around, pour off the excess water, and repeat until the water is relatively clear. This uses a little bit less water than simply rinsing it. Then, drain the rice.
Step 2
Set your Instant Pot to "Saute" mode. Once it's warm, add the vegetable oil and the onion. Cook for 1-2 minutes, stirring frequently, until the onion is fragrant.
Step 3
Add the rice. Continue to cook, stirring almost constantly, until the rice is toasted and just starting to stick - about 3-4 minutes. Stir in the garlic, paprika, and tomato paste, and cook for just 30 seconds more. Immediately add the vegetable broth and stir everything together, scraping the bottom well.
Step 4
Add the Instant Pot lid and flip the switch on the top to "Sealing". Using the "Manual" mode on "High" pressure, set the time to 4 minutes. After the pressure cooking is complete, allow the seal to naturally release (about 20 minutes). Season to taste with salt.
Step 5
Serve the Instant Pot Mexican rice hot, fluffing gently before serving.