diff --git a/configure b/configure
index 2e7e85298..0073e2857 100755
--- a/configure
+++ b/configure
@@ -1,6 +1,6 @@
 #! /bin/sh
 # Guess values for system-dependent variables and create Makefiles.
-# Generated by GNU Autoconf 2.69 for Citus 10.0devel.
+# Generated by GNU Autoconf 2.69 for Citus 10.1devel.
 #
 #
 # Copyright (C) 1992-1996, 1998-2012 Free Software Foundation, Inc.
@@ -579,8 +579,8 @@ MAKEFLAGS=
 # Identity of this package.
 PACKAGE_NAME='Citus'
 PACKAGE_TARNAME='citus'
-PACKAGE_VERSION='10.0devel'
-PACKAGE_STRING='Citus 10.0devel'
+PACKAGE_VERSION='10.1devel'
+PACKAGE_STRING='Citus 10.1devel'
 PACKAGE_BUGREPORT=''
 PACKAGE_URL=''
 
@@ -1258,7 +1258,7 @@ if test "$ac_init_help" = "long"; then
   # Omit some internal or obsolete options to make the list less imposing.
   # This message is too long to be a string in the A/UX 3.1 sh.
   cat <<_ACEOF
-\`configure' configures Citus 10.0devel to adapt to many kinds of systems.
+\`configure' configures Citus 10.1devel to adapt to many kinds of systems.
 
 Usage: $0 [OPTION]... [VAR=VALUE]...
 
@@ -1320,7 +1320,7 @@ fi
 
 if test -n "$ac_init_help"; then
   case $ac_init_help in
-     short | recursive ) echo "Configuration of Citus 10.0devel:";;
+     short | recursive ) echo "Configuration of Citus 10.1devel:";;
    esac
   cat <<\_ACEOF
 
@@ -1422,7 +1422,7 @@ fi
 test -n "$ac_init_help" && exit $ac_status
 if $ac_init_version; then
   cat <<\_ACEOF
-Citus configure 10.0devel
+Citus configure 10.1devel
 generated by GNU Autoconf 2.69
 
 Copyright (C) 2012 Free Software Foundation, Inc.
@@ -1905,7 +1905,7 @@ cat >config.log <<_ACEOF
 This file contains any messages produced by compilers while
 running configure, to aid debugging if configure makes a mistake.
 
-It was created by Citus $as_me 10.0devel, which was
+It was created by Citus $as_me 10.1devel, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   $ $0 $@
@@ -5276,7 +5276,7 @@ cat >>$CONFIG_STATUS <<\_ACEOF || ac_write_fail=1
 # report actual input values of CONFIG_FILES etc. instead of their
 # values after options handling.
 ac_log="
-This file was extended by Citus $as_me 10.0devel, which was
+This file was extended by Citus $as_me 10.1devel, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   CONFIG_FILES    = $CONFIG_FILES
@@ -5338,7 +5338,7 @@ _ACEOF
 cat >>$CONFIG_STATUS <<_ACEOF || ac_write_fail=1
 ac_cs_config="`$as_echo "$ac_configure_args" | sed 's/^ //; s/[\\""\`\$]/\\\\&/g'`"
 ac_cs_version="\\
-Citus config.status 10.0devel
+Citus config.status 10.1devel
 configured by $0, generated by GNU Autoconf 2.69,
   with options \\"\$ac_cs_config\\"
 
diff --git a/configure.in b/configure.in
index bb108b246..44920a9e3 100644
--- a/configure.in
+++ b/configure.in
@@ -5,7 +5,7 @@
 # everyone needing autoconf installed, the resulting files are checked
 # into the SCM.
 
-AC_INIT([Citus], [10.0devel])
+AC_INIT([Citus], [10.1devel])
 AC_COPYRIGHT([Copyright (c) Citus Data, Inc.])
 
 # we'll need sed and awk for some of the version commands
diff --git a/src/backend/distributed/citus.control b/src/backend/distributed/citus.control
index 296cef23c..a004b145c 100644
--- a/src/backend/distributed/citus.control
+++ b/src/backend/distributed/citus.control
@@ -1,6 +1,6 @@
 # Citus extension
 comment = 'Citus distributed database'
-default_version = '10.0-1'
+default_version = '10.1-1'
 module_pathname = '$libdir/citus'
 relocatable = false
 schema = pg_catalog
diff --git a/src/backend/distributed/sql/citus--10.0-1--10.1-1.sql b/src/backend/distributed/sql/citus--10.0-1--10.1-1.sql
new file mode 100644
index 000000000..56bf57db9
--- /dev/null
+++ b/src/backend/distributed/sql/citus--10.0-1--10.1-1.sql
@@ -0,0 +1,4 @@
+-- citus--10.0-1--10.1-1
+
+-- bump version to 10.1-1
+
diff --git a/src/backend/distributed/sql/downgrades/citus--10.1-1--10.0-1.sql b/src/backend/distributed/sql/downgrades/citus--10.1-1--10.0-1.sql
new file mode 100644
index 000000000..a7acf77fd
--- /dev/null
+++ b/src/backend/distributed/sql/downgrades/citus--10.1-1--10.0-1.sql
@@ -0,0 +1,3 @@
+-- citus--10.1-1--10.0-1
+-- this is an empty downgrade path since citus--10.0-1--10.1-1.sql is empty for now
+
diff --git a/src/test/regress/expected/multi_extension.out b/src/test/regress/expected/multi_extension.out
index c80df9222..bbfd313be 100644
--- a/src/test/regress/expected/multi_extension.out
+++ b/src/test/regress/expected/multi_extension.out
@@ -515,12 +515,28 @@ SELECT * FROM print_extension_changes();
                                                                                  | view time_partitions
 (67 rows)
 
+-- Test downgrade to 10.0-1 from 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+ALTER EXTENSION citus UPDATE TO '10.0-1';
+-- Should be empty result since upgrade+downgrade should be a no-op
+SELECT * FROM print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
+-- Snapshot of state at 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+SELECT * FROM print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
 DROP TABLE prev_objects, extension_diff;
 -- show running version
 SHOW citus.version;
  citus.version
 ---------------------------------------------------------------------
- 10.0devel
+ 10.1devel
 (1 row)
 
 -- ensure no unexpected objects were created outside pg_catalog
@@ -543,7 +559,7 @@ RESET citus.enable_version_checks;
 DROP EXTENSION citus;
 CREATE EXTENSION citus VERSION '8.0-1';
 ERROR:  specified version incompatible with loaded Citus library
-DETAIL:  Loaded library requires 10.0, but 8.0-1 was specified.
+DETAIL:  Loaded library requires 10.1, but 8.0-1 was specified.
 HINT:  If a newer library is present, restart the database and try the command again.
 -- Test non-distributed queries work even in version mismatch
 SET citus.enable_version_checks TO 'false';
@@ -586,7 +602,7 @@ ORDER BY 1;
 -- We should not distribute table in version mistmatch
 SELECT create_distributed_table('version_mismatch_table', 'column1');
 ERROR:  loaded Citus library version differs from installed extension version
-DETAIL:  Loaded library requires 10.0, but the installed extension version is 8.1-1.
+DETAIL:  Loaded library requires 10.1, but the installed extension version is 8.1-1.
 HINT:  Run ALTER EXTENSION citus UPDATE and try again.
 -- This function will cause fail in next ALTER EXTENSION
 CREATE OR REPLACE FUNCTION pg_catalog.relation_is_a_known_shard(regclass)
diff --git a/src/test/regress/expected/multi_extension_0.out b/src/test/regress/expected/multi_extension_0.out
index 84f3eb93b..8982708b9 100644
--- a/src/test/regress/expected/multi_extension_0.out
+++ b/src/test/regress/expected/multi_extension_0.out
@@ -511,12 +511,28 @@ SELECT * FROM print_extension_changes();
                                                                                  | view time_partitions
 (63 rows)
 
+-- Test downgrade to 10.0-1 from 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+ALTER EXTENSION citus UPDATE TO '10.0-1';
+-- Should be empty result since upgrade+downgrade should be a no-op
+SELECT * FROM print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
+-- Snapshot of state at 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+SELECT * FROM print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
 DROP TABLE prev_objects, extension_diff;
 -- show running version
 SHOW citus.version;
  citus.version
 ---------------------------------------------------------------------
- 10.0devel
+ 10.1devel
 (1 row)
 
 -- ensure no unexpected objects were created outside pg_catalog
@@ -539,7 +555,7 @@ RESET citus.enable_version_checks;
 DROP EXTENSION citus;
 CREATE EXTENSION citus VERSION '8.0-1';
 ERROR:  specified version incompatible with loaded Citus library
-DETAIL:  Loaded library requires 10.0, but 8.0-1 was specified.
+DETAIL:  Loaded library requires 10.1, but 8.0-1 was specified.
 HINT:  If a newer library is present, restart the database and try the command again.
 -- Test non-distributed queries work even in version mismatch
 SET citus.enable_version_checks TO 'false';
@@ -582,7 +598,7 @@ ORDER BY 1;
 -- We should not distribute table in version mistmatch
 SELECT create_distributed_table('version_mismatch_table', 'column1');
 ERROR:  loaded Citus library version differs from installed extension version
-DETAIL:  Loaded library requires 10.0, but the installed extension version is 8.1-1.
+DETAIL:  Loaded library requires 10.1, but the installed extension version is 8.1-1.
 HINT:  Run ALTER EXTENSION citus UPDATE and try again.
 -- This function will cause fail in next ALTER EXTENSION
 CREATE OR REPLACE FUNCTION pg_catalog.relation_is_a_known_shard(regclass)
diff --git a/src/test/regress/sql/multi_extension.sql b/src/test/regress/sql/multi_extension.sql
index 5fe423f5f..17856dd26 100644
--- a/src/test/regress/sql/multi_extension.sql
+++ b/src/test/regress/sql/multi_extension.sql
@@ -198,6 +198,16 @@ SELECT * FROM print_extension_changes();
 ALTER EXTENSION citus UPDATE TO '10.0-1';
 SELECT * FROM print_extension_changes();
 
+-- Test downgrade to 10.0-1 from 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+ALTER EXTENSION citus UPDATE TO '10.0-1';
+-- Should be empty result since upgrade+downgrade should be a no-op
+SELECT * FROM print_extension_changes();
+
+-- Snapshot of state at 10.1-1
+ALTER EXTENSION citus UPDATE TO '10.1-1';
+SELECT * FROM print_extension_changes();
+
 DROP TABLE prev_objects, extension_diff;
 
 -- show running version
diff --git a/src/test/regress/upgrade/config.py b/src/test/regress/upgrade/config.py
index 6aa51ac04..8069ef5cb 100644
--- a/src/test/regress/upgrade/config.py
+++ b/src/test/regress/upgrade/config.py
@@ -11,7 +11,7 @@ MIXED_AFTER_CITUS_UPGRADE_SCHEDULE = './mixed_after_citus_upgrade_schedule'
 
 MASTER = 'master'
 # This should be updated when citus version changes
-MASTER_VERSION = '10.0'
+MASTER_VERSION = '10.1'
 
 HOME = expanduser("~")