diff --git a/cmd/cli/version.go b/cmd/cli/version.go
index c171cca..c005a9f 100644
--- a/cmd/cli/version.go
+++ b/cmd/cli/version.go
@@ -30,7 +30,7 @@ var (
 	//It should be set during build via -ldflags.
 	buildDate string
 	// version is the aws-auth package version
-	pkgVersion string = "0.2.0"
+	pkgVersion string = "0.3.0"
 )
 
 // Info holds the information related to descheduler app version.