Clean, wash and soak 1 cup the red rice for 30 minutes. Drain and keep aside. Heat water in deep non-stick pan, add a pinch of salt and bring water to boil, add the drained red rice to the boiling water and 1 tsp oil to it.
Cover with a lid and cook on slow flame for 25 to 30 minutes, while stirring the rice occasionally. Once the rice becomes soft, drain the water.