diff --git a/docs/versions1.json b/docs/versions1.json
index a235ff9c60..46b5d7de2c 100644
--- a/docs/versions1.json
+++ b/docs/versions1.json
@@ -1,7 +1,7 @@
 [
     {
         "preferred": true,
-        "version": "0.3.0",
-        "url": "../0.3.0"
+        "version": "0.3.1",
+        "url": "../0.3.1"
     }
 ]
diff --git a/nemo_rl/package_info.py b/nemo_rl/package_info.py
index f4fd537331..65f935acf7 100644
--- a/nemo_rl/package_info.py
+++ b/nemo_rl/package_info.py
@@ -15,7 +15,7 @@
 
 MAJOR = 0
 MINOR = 3
-PATCH = 0
+PATCH = 1
 PRE_RELEASE = ""
 
 # Use the following formatting: (major, minor, patch, pre-release)