Fadnavis thanked Prime Minister Narendra Modi and Railway Minister Suresh Prabhu for "reinvention and rebirth of Indian Railways by emphasising on technology-based modernisation".
He described the budget as "progressive and extremely practical" and said the provision of Rs 11,500 crore for MUTP 3 was an extremely important decision.
Replying to a question about Shiv Sena's criticism of the railway budget, Fadnavis said, "They must not have heard it properly".
"After assuming power, the Modi government hiked passenger fare by 14.2 per cent and freight rates by 6.2 per cent. The Mumbai suburban fare was hiked by 200 per cent. In fact, during the last few months, crude oil prices in the international market came down drastically. In fact, it was expected that the budget would see a reduction in fares," he said.
Thakre said the minister made no mention of the long pending demands for new rail tracks to connect remote areas in Maharashtra, while in Mumbai, there has been no progress on the proposal to run air-conditioned suburban trains.