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- The literary award was established in 1961 by Bharatiya Jnanpith.
- Only Indian authors are considered for this award.
- The award is given for work in 22 Indian languages and English.
- The award was established by Sahu Shanti Prasad Jain.
- The award includes 11 lakh rupees as prize money.
- The plaque of the goddess Saraswati which is a replica of the temple in Malwa.
- G. Sankara Kurup was the first to receive the award.
- The award is not given posthumously.
- Akkitham Achuthan Namboothiri received the award for his work in the Malayalam language in 2019.
- Jnanpith award now recognises the lifetime work of the author by this award.
