diff --git a/setup.py b/setup.py
index 5a02fb8..6629022 100644
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@
 setup(
     name = "bayesian-torch",
     packages = find_packages(),
-    version = "0.2.1",
+    version = "0.3.0",
     description = "A library for Bayesian neural network layers and uncertainty estimation in Deep Learning",
     author = "Intel Labs",
     author_email = "ranganath.krishnan@intel.com",