pandemic, workers in formal sector in India saw their wages decline an average 3.6% while those in the informal sector suffered a sharp 22.6% drop, the International Labour Organization (ILO) has said in a report.The report highlighted that real wage growth in India was one of the lowest in the Asia Pacific, growing at a slower pace than Pakistan, Sri Lanka and Vietnam.Also Read: Inside India’s Quest to Fix Its Payments Puzzle“In India, recent evidence suggests that formal workers’ wages have been cut by 3.6%, while informal workers have experienced a much sharper fall in wages of 22.6%," ILO said in its new report that evaluates “wage and minimum wage in the time of covid-19".World over, countries and parts of it, either delayed, froze or.