Panakam, also spelled Panaka^[1] and Panagam,^[2] (Pānakaṃ;^[3] lit. 'sweet drink') is a traditional beverage originating in South India.^[4] According to Madhur Jaffrey it was known circa 1000 BCE; in 2014 she wrote that she has not seen it served but only mentioned in ancient texts.^[5]

The drink is traditionally made on Rama Navami,^[6] though it is commonly offered as a beverage during Hindu festivals, and as a prasadam after religious ceremonies, especially during the summer months. The Times of India called it "synonymous with Sri Ramnavami".^[7] In some parts of India, it is a traditional part of wedding preparations.^[8][9][10]

According to Jaffrey the base of the drink is jaggery.^[5] It also typically includes some combination of lemon juice, cardamom, ginger, all of which are usually mixed with cold water.^[11][12] In her 2014 World Vegetarian, Jaffrey calls for it to be served hot.^[5] Jaffrey's version to be served cold includes lemon juice, while her hot version does not.^[5]