As the the official journal of the Folklore Foundation, Lokaratna is a bilingual, peer reviewed academic journal published in Oriya and English. Located in Bhubaneswar, Orissa, India, the Folklore Foundation promotes folklore in the public domain and is committed to quality research. The literal meaning of lokaratna is 'gem of the people', the gem being the oral traditions that are created by people through their oral expression. The editor-in-chief of the journal is Dr Mahendra Kumar Mishra.