We have loads of options for a first strike. That's not the problem.
The problem is that there will be a conventional retaliation from Pak just like in 2019. After they carry it out, we'll have two options: either escalate further which may drag us into a month-long limited war (which might derail our economic plans indefinitely, but in the end won't solve root causes of the problem anyway), OR we do nothing, let Pak throw the last punch. Again.
Neither are enticing options. The PMO lost a lot of faith in the IAF's ability after 2019. They know that our tactical equation is just not where we'd like it to be. We don't yet have the ability to deal decisive, knockout blows that rob the enemy of the ability to retaliate.
But unfortunately, our tactical equation vis-a-vis Pak is still roughly at the same level today as it was 6 years ago. Just slightly better (Rafale ~ J-10CE, S400 ~ HQ9P). This is why I keep saying that we don't have time to play games with IAF procurement anymore.
Procuring a handful squadrons of silver bullets is not the answer - because Pak can also acquire silver bullets in similar quantities from China to negate any apparent advantage. Yes, their silver might be less shiny than our's, but that's not enough to obtain a decisive advantage.
We need mass - significantly large numbers of tactical effectors, albeit moderately shiny, are the only thing which Pak can neither make nor procure. Until & unless we have ~400+ single engine AESA-equipped MRCAs and a fully built-up IRF with a rapidly churning industrial base that can supply hundreds of missiles per month, we won't have the ability to deal those knockout blows.