at
Tummalapalli Kshetraya School of Arts in
Vijayawada Government of Andhra Pradesh instituted an award in his memory, presented every year to the best character acting performance, known as the
S. V. Ranga Rao Award for Best Character Actor. In 2018,
N. Chandrababu Naidu, then Chief Minister of Andhra Pradesh unveiled a 12.5
feet bronze statue of Ranga Rao at
Kalaparru on the outskirts of
Eluru and announced that the state government was planning to establish a museum on Ranga Rao in Eluru. Srivathsan Nadadhur of
The Hindu wrote of him during his birth centenary in 2018 as follows, "S V Ranga Rao's diction, towering on-screen persona, impressive quirks to his character-sketches, the ability to draw inspiration from society and literature have cemented his ‘irreplaceable’ stature over the years." CV Aravind of
The News Minute wrote of him in 2018, "SV Ranga Rao was ranked on par with the superstars of the 1950s, 60s and 70s such as
N. T .Rama Rao,
Nageswara Rao,
M. G. Ramachandran, and
Sivaji Ganesan. Ranga Rao was one of the earliest to be hailed as a ‘method’ actor and a substandard performance from him was simply out of the question. Rated as one of the most dignified and cooperative stars, he was held in high regard by the acting fraternity." ==Awards==