It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015.

[3] Pradhan Mantri Jeevan Jyoti Bima Yojana is available to people between 18 and 50 years of age with bank accounts.

[1][2] In order to avail of the benefits offered by the Pradhan Mantri Jeevan Jyoti Bima Yojana policy, it is mandatory to link your Aadhaar Card to the participatory bank account.

[citation needed] numbers (Cr) Dispursed As of 31 March 2019, 5.92 crore (59.2 million) people have already enrolled for this scheme.

[7] As per news reports [8] from 2021, the scheme has failed during the COVID-19 crisis, in which the country suffered an unusually high number of deaths.