The Right to Information Act of 2005 promotes transparency and accountability in governance by allowing citizens to access information held by public authorities, thus facilitating the fight against corruption and ensuring informed citizenry. It defines 'information' broadly, mandates a duty for public authorities to maintain records and respond to requests, and specifies exemptions for sensitive information. Additionally, the Act establishes penalties for non-compliance and emphasizes the responsibilities of public authorities to promote awareness and accessibility of information.