diff --git a/.circleci/config.yml b/.circleci/config.yml
index 7b9df02de2..7d0693d8e5 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -1576,7 +1576,6 @@ jobs:
     executor: reactnativeandroid
     steps:
       - checkout
-      - run_yarn
       - run:
           name: Set NPM auth token
           command: echo "//registry.npmjs.org/:_authToken=${CIRCLE_NPM_TOKEN}" > ~/.npmrc
diff --git a/package.json b/package.json
index c3964fea4f..724be94ef2 100644
--- a/package.json
+++ b/package.json
@@ -98,7 +98,9 @@
     "test-e2e-local-clean": "node ./scripts/test-e2e-local-clean.js",
     "test-ios": "./scripts/objc-test.sh test",
     "test-typescript": "dtslint types",
-    "test-typescript-offline": "dtslint --localTs node_modules/typescript/lib types"
+    "test-typescript-offline": "dtslint --localTs node_modules/typescript/lib types",
+    "bump-all-updated-packages": "node ./scripts/monorepo/bump-all-updated-packages",
+    "align-package-versions": "node ./scripts/monorepo/align-package-versions.js"
   },
   "workspaces": [
     "packages/*",
diff --git a/scripts/__tests__/find-and-publish-all-bumped-packages-test.js b/scripts/__tests__/find-and-publish-all-bumped-packages-test.js
index ee44b354b1..5bf488ea31 100644
--- a/scripts/__tests__/find-and-publish-all-bumped-packages-test.js
+++ b/scripts/__tests__/find-and-publish-all-bumped-packages-test.js
@@ -7,12 +7,13 @@
  * @format
  */
 
-const {exec} = require('shelljs');
+const {spawnSync} = require('child_process');
 
+const {BUMP_COMMIT_MESSAGE} = require('../monorepo/constants');
 const forEachPackage = require('../monorepo/for-each-package');
 const findAndPublishAllBumpedPackages = require('../monorepo/find-and-publish-all-bumped-packages');
 
-jest.mock('shelljs', () => ({exec: jest.fn()}));
+jest.mock('child_process', () => ({spawnSync: jest.fn()}));
 jest.mock('../monorepo/for-each-package', () => jest.fn());
 
 describe('findAndPublishAllBumpedPackages', () => {
@@ -24,10 +25,15 @@ describe('findAndPublishAllBumpedPackages', () => {
         version: mockedPackageNewVersion,
       });
     });
-    exec.mockImplementationOnce(() => ({
+
+    spawnSync.mockImplementationOnce(() => ({
       stdout: `-  "version": "0.72.0"\n+  "version": "${mockedPackageNewVersion}"\n`,
     }));
 
+    spawnSync.mockImplementationOnce(() => ({
+      stdout: BUMP_COMMIT_MESSAGE,
+    }));
+
     expect(() => findAndPublishAllBumpedPackages()).toThrow(
       `Package version expected to be 0.x.y, but received ${mockedPackageNewVersion}`,
     );
diff --git a/scripts/monorepo/__tests__/bump-package-version-test.js b/scripts/monorepo/__tests__/bump-package-version-test.js
new file mode 100644
index 0000000000..dd67ab2b6b
--- /dev/null
+++ b/scripts/monorepo/__tests__/bump-package-version-test.js
@@ -0,0 +1,39 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @format
+ */
+
+const path = require('path');
+const {writeFileSync} = require('fs');
+
+const bumpPackageVersion = require('../bump-all-updated-packages/bump-package-version');
+
+jest.mock('fs', () => ({
+  writeFileSync: jest.fn(),
+  readFileSync: jest.fn(() => '{}'),
+}));
+
+jest.mock('../for-each-package', () => callback => {});
+
+describe('bumpPackageVersionTest', () => {
+  it('updates patch version of the package', () => {
+    const mockedPackageLocation = '~/packages/assets';
+    const mockedPackageManifest = {
+      name: '@react-native/test',
+      version: '1.2.3',
+    };
+
+    bumpPackageVersion(mockedPackageLocation, mockedPackageManifest);
+
+    expect(writeFileSync).toHaveBeenCalledWith(
+      path.join(mockedPackageLocation, 'package.json'),
+      JSON.stringify({...mockedPackageManifest, version: '1.2.4'}, null, 2) +
+        '\n',
+      'utf-8',
+    );
+  });
+});
diff --git a/scripts/monorepo/align-package-versions.js b/scripts/monorepo/align-package-versions.js
new file mode 100644
index 0000000000..e29272f324
--- /dev/null
+++ b/scripts/monorepo/align-package-versions.js
@@ -0,0 +1,146 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @format
+ */
+
+const {spawnSync} = require('child_process');
+const {writeFileSync, readFileSync} = require('fs');
+const path = require('path');
+
+const checkForGitChanges = require('./check-for-git-changes');
+const forEachPackage = require('./for-each-package');
+
+const ROOT_LOCATION = path.join(__dirname, '..', '..');
+const TEMPLATE_LOCATION = path.join(ROOT_LOCATION, 'template');
+const REPO_CONFIG_LOCATION = path.join(ROOT_LOCATION, 'repo-config');
+
+const readJSONFile = pathToFile => JSON.parse(readFileSync(pathToFile));
+
+const checkIfShouldUpdateDependencyPackageVersion = (
+  consumerPackageAbsolutePath,
+  updatedPackageName,
+  updatedPackageVersion,
+) => {
+  const consumerPackageManifestPath = path.join(
+    consumerPackageAbsolutePath,
+    'package.json',
+  );
+  const consumerPackageManifest = readJSONFile(consumerPackageManifestPath);
+
+  const dependencyVersion =
+    consumerPackageManifest.dependencies?.[updatedPackageName];
+
+  if (dependencyVersion && dependencyVersion !== '*') {
+    const updatedDependencyVersion = dependencyVersion.startsWith('^')
+      ? `^${updatedPackageVersion}`
+      : updatedPackageVersion;
+
+    if (updatedDependencyVersion !== dependencyVersion) {
+      console.log(
+        `\uD83D\uDCA1 ${consumerPackageManifest.name} was updated: now using version ${updatedPackageVersion} of ${updatedPackageName}`,
+      );
+
+      const updatedPackageManifest = {
+        ...consumerPackageManifest,
+        dependencies: {
+          ...consumerPackageManifest.dependencies,
+          [updatedPackageName]: updatedDependencyVersion,
+        },
+      };
+
+      writeFileSync(
+        consumerPackageManifestPath,
+        JSON.stringify(updatedPackageManifest, null, 2) + '\n',
+        'utf-8',
+      );
+    }
+  }
+
+  const devDependencyVersion =
+    consumerPackageManifest.devDependencies?.[updatedPackageName];
+
+  if (devDependencyVersion && devDependencyVersion !== '*') {
+    const updatedDependencyVersion = devDependencyVersion.startsWith('^')
+      ? `^${updatedPackageVersion}`
+      : updatedPackageVersion;
+
+    if (updatedDependencyVersion !== devDependencyVersion) {
+      console.log(
+        `\uD83D\uDCA1 ${consumerPackageManifest.name} was updated: now using version ${updatedPackageVersion} of ${updatedPackageName}`,
+      );
+
+      const updatedPackageManifest = {
+        ...consumerPackageManifest,
+        devDependencies: {
+          ...consumerPackageManifest.devDependencies,
+          [updatedPackageName]: updatedDependencyVersion,
+        },
+      };
+
+      writeFileSync(
+        consumerPackageManifestPath,
+        JSON.stringify(updatedPackageManifest, null, 2) + '\n',
+        'utf-8',
+      );
+    }
+  }
+};
+
+const alignPackageVersions = () => {
+  if (checkForGitChanges()) {
+    console.log(
+      '\u274c Found uncommitted changes. Please commit or stash them before running this script',
+    );
+
+    process.exit(1);
+  }
+
+  forEachPackage((packageAbsolutePath, _, packageManifest) => {
+    checkIfShouldUpdateDependencyPackageVersion(
+      ROOT_LOCATION,
+      packageManifest.name,
+      packageManifest.version,
+    );
+
+    checkIfShouldUpdateDependencyPackageVersion(
+      TEMPLATE_LOCATION,
+      packageManifest.name,
+      packageManifest.version,
+    );
+
+    checkIfShouldUpdateDependencyPackageVersion(
+      REPO_CONFIG_LOCATION,
+      packageManifest.name,
+      packageManifest.version,
+    );
+
+    forEachPackage(pathToPackage =>
+      checkIfShouldUpdateDependencyPackageVersion(
+        pathToPackage,
+        packageManifest.name,
+        packageManifest.version,
+      ),
+    );
+  });
+
+  if (!checkForGitChanges()) {
+    console.log(
+      '\u2705 There were no changes. Every consumer package uses the actual version of dependency package.',
+    );
+    return;
+  }
+
+  console.log('Running yarn to update lock file...');
+  spawnSync('yarn', ['install'], {
+    cwd: ROOT_LOCATION,
+    shell: true,
+    stdio: 'inherit',
+    encoding: 'utf-8',
+  });
+};
+
+alignPackageVersions();
diff --git a/scripts/monorepo/bump-all-updated-packages/bump-package-version.js b/scripts/monorepo/bump-all-updated-packages/bump-package-version.js
new file mode 100644
index 0000000000..d403eb9f94
--- /dev/null
+++ b/scripts/monorepo/bump-all-updated-packages/bump-package-version.js
@@ -0,0 +1,52 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @format
+ */
+
+const {writeFileSync} = require('fs');
+const path = require('path');
+
+const getIncrementedVersion = (version, increment) =>
+  version
+    .split('.')
+    .map((token, index) => {
+      const indexOfVersionToIncrement = increment === 'minor' ? 1 : 2;
+
+      if (index === indexOfVersionToIncrement) {
+        return parseInt(token, 10) + 1;
+      }
+
+      if (index > indexOfVersionToIncrement) {
+        return 0;
+      }
+
+      return token;
+    })
+    .join('.');
+
+const bumpPackageVersion = (
+  packageAbsolutePath,
+  packageManifest,
+  increment = 'patch',
+) => {
+  const updatedVersion = getIncrementedVersion(
+    packageManifest.version,
+    increment,
+  );
+
+  // Not using simple `npm version patch` because it updates dependencies and yarn.lock file
+  writeFileSync(
+    path.join(packageAbsolutePath, 'package.json'),
+    JSON.stringify({...packageManifest, version: updatedVersion}, null, 2) +
+      '\n',
+    'utf-8',
+  );
+
+  return updatedVersion;
+};
+
+module.exports = bumpPackageVersion;
diff --git a/scripts/monorepo/bump-all-updated-packages/index.js b/scripts/monorepo/bump-all-updated-packages/index.js
new file mode 100644
index 0000000000..bec5791460
--- /dev/null
+++ b/scripts/monorepo/bump-all-updated-packages/index.js
@@ -0,0 +1,154 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @format
+ */
+
+const chalk = require('chalk');
+const inquirer = require('inquirer');
+const path = require('path');
+const {echo, exec, exit} = require('shelljs');
+
+const {BUMP_COMMIT_MESSAGE} = require('../constants');
+const forEachPackage = require('../for-each-package');
+const checkForGitChanges = require('../check-for-git-changes');
+const bumpPackageVersion = require('./bump-package-version');
+
+const ROOT_LOCATION = path.join(__dirname, '..', '..', '..');
+
+const buildExecutor =
+  (packageAbsolutePath, packageRelativePathFromRoot, packageManifest) =>
+  async () => {
+    const {name: packageName} = packageManifest;
+    if (packageManifest.private) {
+      echo(`\u23ED Skipping private package ${chalk.dim(packageName)}`);
+
+      return;
+    }
+
+    const hashOfLastCommitInsidePackage = exec(
+      `git log -n 1 --format=format:%H -- ${packageRelativePathFromRoot}`,
+      {cwd: ROOT_LOCATION, silent: true},
+    ).stdout.trim();
+
+    const hashOfLastCommitThatChangedVersion = exec(
+      `git log -G\\"version\\": --format=format:%H -n 1 -- ${packageRelativePathFromRoot}/package.json`,
+      {cwd: ROOT_LOCATION, silent: true},
+    ).stdout.trim();
+
+    if (hashOfLastCommitInsidePackage === hashOfLastCommitThatChangedVersion) {
+      echo(
+        `\uD83D\uDD0E No changes for package ${chalk.green(
+          packageName,
+        )} since last version bump`,
+      );
+
+      return;
+    }
+
+    echo(`\uD83D\uDCA1 Found changes for ${chalk.yellow(packageName)}:`);
+    exec(
+      `git log --pretty=oneline ${hashOfLastCommitThatChangedVersion}..${hashOfLastCommitInsidePackage} ${packageRelativePathFromRoot}`,
+      {
+        cwd: ROOT_LOCATION,
+      },
+    );
+    echo();
+
+    await inquirer
+      .prompt([
+        {
+          type: 'list',
+          name: 'shouldBumpPackage',
+          message: `Do you want to bump ${packageName}?`,
+          choices: ['Yes', 'No'],
+          filter: val => val === 'Yes',
+        },
+      ])
+      .then(({shouldBumpPackage}) => {
+        if (!shouldBumpPackage) {
+          echo(`Skipping bump for ${packageName}`);
+          return;
+        }
+
+        return inquirer
+          .prompt([
+            {
+              type: 'list',
+              name: 'increment',
+              message: 'Which version you want to increment?',
+              choices: ['patch', 'minor'],
+            },
+          ])
+          .then(({increment}) => {
+            const updatedVersion = bumpPackageVersion(
+              packageAbsolutePath,
+              packageManifest,
+              increment,
+            );
+            echo(
+              `\u2705 Successfully bumped ${chalk.green(
+                packageName,
+              )} to ${chalk.green(updatedVersion)}`,
+            );
+          });
+      });
+  };
+
+const buildAllExecutors = () => {
+  const executors = [];
+
+  forEachPackage((...params) => {
+    executors.push(buildExecutor(...params));
+  });
+
+  return executors;
+};
+
+const main = async () => {
+  if (checkForGitChanges()) {
+    echo(
+      chalk.red(
+        'Found uncommitted changes. Please commit or stash them before running this script',
+      ),
+    );
+    exit(1);
+  }
+
+  const executors = buildAllExecutors();
+  for (const executor of executors) {
+    await executor()
+      .catch(() => exit(1))
+      .then(() => echo());
+  }
+
+  if (checkForGitChanges()) {
+    await inquirer
+      .prompt([
+        {
+          type: 'list',
+          name: 'shouldSubmitCommit',
+          message: 'Do you want to submit a commit with these changes?',
+          choices: ['Yes', 'No'],
+          filter: val => val === 'Yes',
+        },
+      ])
+      .then(({shouldSubmitCommit}) => {
+        if (!shouldSubmitCommit) {
+          echo('Not submitting a commit, but keeping all changes');
+          return;
+        }
+
+        exec(`git commit -a -m "${BUMP_COMMIT_MESSAGE}"`, {cwd: ROOT_LOCATION});
+      })
+      .then(() => echo());
+  }
+
+  echo(chalk.green('Successfully finished the process of bumping packages'));
+  exit(0);
+};
+
+main();
diff --git a/scripts/monorepo/check-for-git-changes.js b/scripts/monorepo/check-for-git-changes.js
new file mode 100644
index 0000000000..77e2d5d019
--- /dev/null
+++ b/scripts/monorepo/check-for-git-changes.js
@@ -0,0 +1,39 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @format
+ */
+
+const {spawnSync} = require('child_process');
+const path = require('path');
+
+const ROOT_LOCATION = path.join(__dirname, '..', '..');
+
+const checkForGitChanges = () => {
+  const {stdout: thereIsSomethingToCommit, stderr} = spawnSync(
+    'git',
+    ['status', '--porcelain'],
+    {
+      cwd: ROOT_LOCATION,
+      shell: true,
+      stdio: 'pipe',
+      encoding: 'utf-8',
+    },
+  );
+
+  if (stderr) {
+    console.log(
+      '\u274c An error occured while running `git status --porcelain`:',
+    );
+    console.log(stderr);
+
+    process.exit(1);
+  }
+
+  return Boolean(thereIsSomethingToCommit);
+};
+
+module.exports = checkForGitChanges;
diff --git a/scripts/monorepo/constants.js b/scripts/monorepo/constants.js
new file mode 100644
index 0000000000..fcbc5c51e3
--- /dev/null
+++ b/scripts/monorepo/constants.js
@@ -0,0 +1,13 @@
+/**
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @flow strict-local
+ * @format
+ */
+
+const BUMP_COMMIT_MESSAGE = '[ci][monorepo] bump package versions';
+
+module.exports = {BUMP_COMMIT_MESSAGE};
diff --git a/scripts/monorepo/find-and-publish-all-bumped-packages.js b/scripts/monorepo/find-and-publish-all-bumped-packages.js
index b2a75ab022..17e06596c3 100644
--- a/scripts/monorepo/find-and-publish-all-bumped-packages.js
+++ b/scripts/monorepo/find-and-publish-all-bumped-packages.js
@@ -8,9 +8,9 @@
  */
 
 const path = require('path');
-const chalk = require('chalk');
-const {exec} = require('shelljs');
+const {spawnSync} = require('child_process');
 
+const {BUMP_COMMIT_MESSAGE} = require('./constants');
 const forEachPackage = require('./for-each-package');
 
 const ROOT_LOCATION = path.join(__dirname, '..', '..');
@@ -22,41 +22,77 @@ const findAndPublishAllBumpedPackages = () => {
   forEachPackage(
     (packageAbsolutePath, packageRelativePathFromRoot, packageManifest) => {
       if (packageManifest.private) {
-        console.log(
-          `\u23ED Skipping private package ${chalk.dim(packageManifest.name)}`,
-        );
+        console.log(`\u23ED Skipping private package ${packageManifest.name}`);
 
         return;
       }
 
-      const diff = exec(
-        `git log -p --format="" HEAD~1..HEAD ${packageRelativePathFromRoot}/package.json`,
-        {cwd: ROOT_LOCATION, silent: true},
-      ).stdout;
+      const {stdout: diff, stderr: commitDiffStderr} = spawnSync(
+        'git',
+        [
+          'log',
+          '-p',
+          '--format=""',
+          'HEAD~1..HEAD',
+          `${packageRelativePathFromRoot}/package.json`,
+        ],
+        {cwd: ROOT_LOCATION, shell: true, stdio: 'pipe', encoding: 'utf-8'},
+      );
+
+      if (commitDiffStderr) {
+        console.log(
+          `\u274c Failed to get latest committed changes for ${packageManifest.name}:`,
+        );
+        console.log(commitDiffStderr);
+
+        process.exit(1);
+      }
 
       const previousVersionPatternMatches = diff.match(
         /- {2}"version": "([0-9]+.[0-9]+.[0-9]+)"/,
       );
 
       if (!previousVersionPatternMatches) {
-        console.log(
-          `\uD83D\uDD0E No version bump for ${chalk.green(
-            packageManifest.name,
-          )}`,
-        );
+        console.log(`\uD83D\uDD0E No version bump for ${packageManifest.name}`);
 
         return;
       }
 
+      const {stdout: commitMessage, stderr: commitMessageStderr} = spawnSync(
+        'git',
+        [
+          'log',
+          '-n',
+          '1',
+          '--format=format:%B',
+          `${packageRelativePathFromRoot}/package.json`,
+        ],
+        {cwd: ROOT_LOCATION, shell: true, stdio: 'pipe', encoding: 'utf-8'},
+      );
+
+      if (commitMessageStderr) {
+        console.log(
+          `\u274c Failed to get latest commit message for ${packageManifest.name}:`,
+        );
+        console.log(commitMessageStderr);
+
+        process.exit(1);
+      }
+
+      const hasSpecificCommitMessage =
+        commitMessage.startsWith(BUMP_COMMIT_MESSAGE);
+
+      if (!hasSpecificCommitMessage) {
+        throw new Error(
+          `Package ${packageManifest.name} was updated, but not through CI script`,
+        );
+      }
+
       const [, previousVersion] = previousVersionPatternMatches;
       const nextVersion = packageManifest.version;
 
       console.log(
-        `\uD83D\uDCA1 ${chalk.yellow(
-          packageManifest.name,
-        )} was updated: ${chalk.red(previousVersion)} -> ${chalk.green(
-          nextVersion,
-        )}`,
+        `\uD83D\uDCA1 ${packageManifest.name} was updated: ${previousVersion} -> ${nextVersion}`,
       );
 
       if (!nextVersion.startsWith('0.')) {
@@ -67,24 +103,22 @@ const findAndPublishAllBumpedPackages = () => {
 
       const npmOTPFlag = NPM_CONFIG_OTP ? `--otp ${NPM_CONFIG_OTP}` : '';
 
-      const {code, stderr} = exec(`npm publish ${npmOTPFlag}`, {
+      const {stderr} = spawnSync('npm', ['publish', `${npmOTPFlag}`], {
         cwd: packageAbsolutePath,
-        silent: true,
+        shell: true,
+        stdio: 'pipe',
+        encoding: 'utf-8',
       });
-      if (code) {
+      if (stderr) {
         console.log(
-          chalk.red(
-            `\u274c Failed to publish version ${nextVersion} of ${packageManifest.name}. Stderr:`,
-          ),
+          `\u274c Failed to publish version ${nextVersion} of ${packageManifest.name}:`,
         );
         console.log(stderr);
 
         process.exit(1);
       } else {
         console.log(
-          `\u2705 Successfully published new version of ${chalk.green(
-            packageManifest.name,
-          )}`,
+          `\u2705 Successfully published new version of ${packageManifest.name}`,
         );
       }
     },