The Magic Drum and Other Favorite Stories is a collection of stories for children written by Sudha Murty.

Some of the stories in this book are that of a princess who thinks she is a bird, a coconut that costs around a thousand rupees, a shepherd who has a bag of words. Princes and paupers, kings and misers, wise men and foolish boys and funny and odd men and women are involved in this compilation of stories.

A few more stories that are a part of this book are ones that feature a clever princess who will only marry the man who has a question she cannot answer, an orphan boy who outsmarts his greedy uncles with a bag full of ash and an elderly couple in anguish who are saved by a magic drum.