The 'Saraswati Samman 2018' has been conferred on the renowned poet:

K Siva Reddy

The correct answer is Option (2) - K Siva Reddy

The Saraswati Samman is an annual literary award in India, established in 1991 by the K. K. Birla Foundation. It is one of the most prestigious literary awards in the country, recognizing outstanding literary works in any Indian language. In 2018, the Saraswati Samman was conferred upon the renowned Telugu poet K. Siva Reddy for his collection of poetry titled "Pakkaki Ottigilite" ("Crossing the Distance"). K. Siva Reddy is celebrated for his profound and evocative poetry, which often explores themes of human emotions, social issues, and the beauty of nature.

"Pakkaki Ottigilite" is considered one of K. Siva Reddy's notable works, reflecting his mastery of the Telugu language and his ability to capture the complexities of life through poetic expression. The collection encompasses a range of emotions and experiences, offering insights into the human condition and the world around us. By awarding the Saraswati Samman to K. Siva Reddy for "Pakkaki Ottigilite," the K. K. Birla Foundation recognized his significant contributions to Telugu literature and poetry. The award not only honors his talent and creativity but also brings attention to the richness and diversity of Indian literature across languages.

Overall, K. Siva Reddy's recognition with the Saraswati Samman underscores the importance of regional literature and highlights the exceptional literary talent present in different linguistic traditions across India.