This film was a remake of director Rajasekhar's own Kannada film "Hunnimeya Rathriyalli" (1980). He had also remade the Kannada film in Tamil as "Punnami Naagu"
Jeene Ki Arzoo (1981) is the last hindi film, made under AVM Production. Their first hindi film is Bahar (1951). So, they have served 30 years in bollywood.
When then film did not fare well at the box office, Mithun called the producer's and asked what the drawbacks of the film. Mithun suggested they pull the film out of the theatre and re shoot certain parts of the film. They agreed and went along with the idea. Afrerwards the film was rerelased and did well at the box office.