The forces acting on the body are the tension T along the string and the weight mg. As the body moves along a circular path, the forces are balanced along the radius.
T=mv²/a+mgcosФ
=mu²/a−2mg(1−cosФ)+mgcosФ
T=mu²/a−mg(2−3cosФ) ------- (2)
If the string becomes slack, then T=0and later negative. So at Ф=60°
T=0
=>u²/a=g(2−3cos60°)=g/2
=>u=√(ag/2)
Tension at initial point of projection Ф=0°, (using equation (2)
T=mg/2−mg(2−3)=3mg/2