diff --git a/nemo_gym/package_info.py b/nemo_gym/package_info.py
index 29584210d..c02f61763 100644
--- a/nemo_gym/package_info.py
+++ b/nemo_gym/package_info.py
@@ -15,9 +15,9 @@
 
 
 MAJOR = 0
-MINOR = 2
-PATCH = 0
-PRE_RELEASE = "rc0"
+MINOR = 1
+PATCH = 1
+PRE_RELEASE = ""
 
 # Use the following formatting: (major, minor, patch, pre-release)
 VERSION = (MAJOR, MINOR, PATCH, PRE_RELEASE)