New Delhi, Feb 16 (ANI): UN Special Envoy for Cities and Climate Change, Michael Bloomberg, on Monday (February 16) met India's Finance Minister Arun Jaitley and Urban Development Minister Venkaiah Naidu in New Delhi with bids to help India develop smart cities and move closer to cleaner energy. Bloomberg, the founder of financial software, data and media company Bloomberg L.P., is also slated to meet Prime Minister, Narendra Modi, later in the day. As per reports, Bloomberg's charitable foundation, Bloomberg Philanthropies will assist India's Urban Development Ministry to handpick cities for the smart-city project on the basis of urban reforms like sanitation and ease of doing business, to be implemented in a 10-year period. Modi has pledged among other development goals, to establish 100 new 'smart' cities, creating new logistic hubs and residential townships.