Burnt wire in GE stove
If the wire is fried, it's probably weak and should be removed and replaced. The indicator lights serve as a safety device to give you a visual that the oven/stove is on. It would not be wise to just disconnect it. Cut the burnt piece of wire and disconnect it from the light and take it to an appliance repair shop to get the proper heat range wire and connector. Then hook it back up with a wire nut. Never smart to bypass safety lights, someone could get burned real bad or it could just start a fire.