The concept of children’s literature in India is as early as the Vedas and Puranas. India’s children’s stories are comprised with folktales or oral narratives that passed down for ages. These tales are told mainly for entertainment; but they are also told to serve some other purposes. They are timeless and placeless and therefore, they are called as fairy tales or sagas. This paper demonstrates how Assamese folktales can be of value in children’s understanding to peripheral regional literature narrative structure from a cultural perspective.