I have successfully ported
CWM Recovery 126.96.36.199 for Lava Iris 501/Prestigio 5000
ClockworkMod, abbreviated as CWM, is a popular custom recovery for Android phones and tablets developed by Koushik Dutta (Koush), a well-known name in the Android dev community. ClockworkMod recovery allows you to perform several advanced recovery, restoration, installation and maintenance operations on your Android device that aren’t possible with the stock recovery, and is one of the most common ways used to gain root access, back up device data, install custom ROMs, kernels, themes & mods, and more.
Whats new in this version:
"Power off" menu has been added
Here is download LINK
Russian Master Shifu Michfood