The Central Vigilance Commission (CVC) is an apex Indian governmental body that was established in 1964 to address corruption in the public sector. It is responsible for advising and guiding central government agencies in the areas of vigilance, corruption prevention, and promotion of integrity in public administration. The CVC also plays a crucial role in improving governance and ensuring transparency and accountability in the functioning of government organizations.

Annual Report Presentation
Every year, the Central Vigilance Commission presents its annual report to the President of India. The President is the constitutional head of the country and the highest authority in the executive branch. The presentation of the CVC's annual report to the President serves several purposes:

1. Constitutional Requirement: The presentation of the annual report to the President is a constitutional requirement under Article 151 of the Indian Constitution. This article mandates that the President shall cause the presentation of reports of the Comptroller and Auditor General (CAG) and other reports to be laid before both Houses of Parliament.

2. Accountability and Transparency: Presenting the annual report to the President ensures that the report is available for scrutiny by the highest authority in the country. This promotes accountability and transparency in the functioning of the CVC and its role in preventing corruption and ensuring good governance.

3. Executive Oversight: The President, as the head of the executive branch, has the authority to provide oversight and guidance to various government agencies. By presenting the annual report to the President, the CVC seeks guidance and support from the highest executive authority in its efforts to combat corruption and promote integrity in public administration.

4. Implementation of Recommendations: The President, after receiving the CVC's annual report, can direct the central government agencies to take appropriate actions based on the recommendations and observations mentioned in the report. This ensures that the findings and recommendations of the CVC are given due importance and are acted upon by the concerned authorities.

In conclusion, the Central Vigilance Commission presents its annual report to the President of India as per the constitutional requirement and to seek accountability, transparency, executive oversight, and implementation of recommendations. The President's role in receiving and reviewing the report is crucial in promoting good governance, integrity, and anti-corruption efforts in the public sector.