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Rao, 83, was admitted to the Medanta Hospital with renal ailments.
"He breathed his last at 3:45 pm," his daughter Smita Prakash told IANS.
His funeral will be held on Monday at the Lodhi Road crematorium.
Union Information and Broadcasting Minister M. Venkaiah Naidu said Rammohan Rao's death was a huge loss.
"Shocked to learn about the demise of Sri Ram Mohan Rao Fmr PIO, PIB . A visionary in Govt communication, huge loss for IIS service.
RIP," Naidu said in a tweet.
Frank Noronha, Director General of Press Information Bureau, also paid his tributes.
"I. Rammohan Rao, former PIO #PIB passes away. He was a legend and an inspiration to so many of us. Rest in peace, sir," Noronha tweeted.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)