In a pan, add 1 tbsp oil, fry the red chilies and beetroot until the raw smell of beetroot fades away, approx. 5 mins. Let it cool.
To a blender jar, add tamarind, jaggery, salt, cumin seeds, garlic and fried beetroot-chilies and blend to a smooth paste. Add water little by little or as required to blend. Take out into a serving bowl
In the same pan used for frying beets, add 1 tbsp oil and all the ingredients mentioned under tempering, let it fry well, switch off the flame and add this to the beetroot chutney.
Enjoy with hot rice and a dash of ghee