Concept:
Modern Indian mural art developed through the work of many important artists.
K. G. Subramanyan was one of the most versatile modern Indian artists.
He worked in painting, mural, terracotta, printmaking, design and visual storytelling.
Step 1: Identify the mural title.
The mural mentioned in the question is:
\[
\text{Bharata Bhagya Vidhata}
\]
This is connected with modern Indian mural practice.
Step 2: Identify the artist.
K. G. Subramanyan is associated with this mural.
He was known for combining folk, modern and narrative visual traditions.
Step 3: Check other artists.
M. F. Husain was a major modern painter.
Jyothi Bhatt is well known for printmaking and photography.
F. N. Souza was associated with the Progressive Artists' Group.
But the mural “Bharata Bhagya Vidhata” is associated with K. G. Subramanyan.
Step 4: Final conclusion.
Hence, the correct answer is:
\[
\boxed{\text{K. G. Subramanyan}}
\]