The countries like Libya, Egypt, Nepal, Bhutan and also India belongs to third world countries (these are the countries that are neither aligned with the West (NATO) nor with the East, the Communist bloc during Cold War. Today the term is often used to describe the developing countries of Africa, Asia, Latin America and Oceania. Many poorer nations adopted the term to describe themselves.)
The main reasons why these third world countries must adopt democracy are as below:
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Democracy gives freedom to each citizen of the country to choose its own desirable representatives.
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In Democracy the government limits the power of an elected representative.
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Democratic government economic growth and development
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It also reduce inequality and poverty in the country
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It protects the freedom and dignity of the citizens, etc.